China AI Stocks Surge as Huang’s Visit Boosts Nvidia Supply Bets
Shares of Chinese AI model developers surged, reflecting bets that Jensen Huang joining President Donald Trump’s trip to Beijing may help widen access to Nvidia Corp.’s advanced chips.
Shares of MiniMax Group Inc. and Knowledge Atlas Technology Joint Stock Co., known as Zhipu, rose about 18% and 37%, respectively. Nvidia’s Huang joined Trump on his visit to China as a last-minute addition, thrusting AI and technology into the spotlight before a high-stakes Beijing summit.