SEHK:700Interactive Media and Services
Tencent Gains First Access To Nvidia H200 Chips Raising AI And Valuation Stakes
Chinese regulators have approved Tencent Holdings and other major tech firms to purchase Nvidia's H200 artificial intelligence chips.
This is the first time Tencent has received approval to import the H200 chips, which are used for advanced AI workloads.
Tencent Holdings (SEHK:700) is trading at HK$621.0, with the share price up 56.1% over the past year and 65.3% over the past three years. The recent approval to access Nvidia's H200 chips arrives as Tencent continues to be a key player in...