Northwestern Polytechnical University, a Chinese institution currently on the U.S. Commerce Department’s Entity List, has reportedly acquired two Nvidia H200 accelerators. The university, which is recognized for its defense-related research, allegedly obtained the hardware through a domestic intermediary, Shaanxi Bosuan Network Technology, bypassing direct procurement from Nvidia.
The acquisition has raised significant concerns regarding compliance with U.S. export control regulations. Market participants are monitoring the situation for potential regulatory scrutiny that could affect Nvidia’s operations. The company is already facing pressure, and this development has negatively impacted investor sentiment regarding its stock performance.
Prediction markets have reacted sharply to the news. The probability of Nvidia’s stock closing above $160 by the end of November fell from 69% to 54% within 24 hours. Similarly, the likelihood of the stock price exceeding $200 has declined to 14%. Investors are now awaiting the company’s earnings report scheduled for November 17 for further clarity.
