Licenses Temporarily Frozen

The most likely near-term response is a pause rather than an outright reversal, because the headline directly challenges the credibility of recent U.S. licensing decisions. Commerce and BIS would likely move to review end users, intermediaries, and security conditions before allowing Nvidia H200 shipments to proceed.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.