Nvidia Expands Global Reach: $105B Ohio Project and Resumed H200 Exports to China
Key Facts
In a move reflecting a strategic shift in the global semiconductor market, Nvidia has confirmed $105 billion in financial backing for SoftBank's Ohio data center project, alongside reports of resumed H200 chip shipments to China. According to reports, Tencent and ByteDance have received approximately 10,000 units each as Beijing cautiously eases restrictions on advanced AI hardware. The SoftBank partnership also includes a $1.5 billion investment in SB Energy to secure infrastructure for the OpenAI-leased facility, which features an initial capacity of 4.25GW.
This dual expansion comes as market data shows mixed performance across the sector, with Nvidia (NVDA) closing at $225.01 on August 17, 2026, and SoftBank (9984.T) at 5,830 yen on August 18, 2026. Per market data, peers TSM and AMD stood at $430.97 and $514.39 respectively, highlighting Nvidia's ability to maneuver through both US infrastructure needs and Asian export markets simultaneously despite geopolitical complexities.
Investors are closely monitoring NVDA price levels near the daily low of $224.86 (as of August 17, 2026 close) to assess the revenue impact of resumed Chinese exports. While the upcoming economic calendar shows no direct tech catalysts in the next 7 days, the market remains focused on potential regulatory reactions following the US inflation print of 3.4% on August 12, which may influence financing costs for these massive capital projects.