Asian shares rallied on Wednesday as oil prices paused their gains, with markets turning to the U.S. Federal Reserve meeting to see how policymakers will balance growth and inflation risks amid ongoing geopolitical tensions in the Middle East.
Chinese authorities have granted approval for multiple Chinese companies to purchase H200 AI chips from Nvidia, according to a person familiar with the situation.
Nvidia is preparing a version of its Groq artificial-intelligence chips that can be sold to the Chinese market, two sources familiar with the matter told Reuters on Tuesday.