英伟达获 H200 对华销售许可 -核心影响-Asian Tech NVDA wins approval for H200 sales into China – Key Implications

Asia Pacific Equity Research 09 December 2025 J P M O R G A N Jennifer Hsieh (886-2) 2725-9868 jennifer.hsieh@jpmorgan.com J.P. Morgan Securities (Taiwan) Limited David Chou This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. Asian Tech NVDA wins approval for H2 ...