Nvidia Plans H200 Chip Shipments to China; Honeywell Anticipates $470 Million Charge

Nvidia has informed Chinese clients of its intention to commence shipments of its H200 AI chips before the Lunar New Year holiday in mid-February. Initial deliveries are expected to range between 5,000 to 10,000 chip modules, equating to approximately 40,000 to 80,000 H200 chips. The company also plans to expand production capacity for these chips, with orders opening in the second quarter of 2026. However, these plans are contingent upon approval from Chinese authorities, and the timeline may adjust based on governmental decisions.

In a separate development, Honeywell anticipates recording a one-time charge of about $470 million in the fourth quarter, associated with ongoing settlement negotiations with private aviation company Flexjet. This charge is expected to reduce GAAP sales by approximately $310 million and operating income by $370 million. The company noted that this charge will not impact its non-GAAP financial metrics.

Additionally, asset manager Janus Henderson has agreed to be acquired by General Catalyst and Nelson Peltz's Trian for $7.4 billion. This move reflects a trend towards privatization to alleviate quarterly performance pressures.

In market movements, Nvidia shares rose over 1% following the news of potential H200 chip exports to China. Honeywell's stock declined more than 1% after announcing the anticipated charge related to the Flexjet settlement.