NVIDIA H20 supply limits coincide with renewed debate over Powell's tenure

Markets were closed. The day's retained headlines centered on limited NVIDIA H20 inventory for China, Bessent's opposition to dismissing Powell, U.S.-Japan trade negotiations, and Jensen Huang's latest share sale.

Published Aug 31, 2026

QQQ: 0.00%
SPY: 0.00%
QQQ − SPY: 0.00%

What shaped the session

NVIDIA China supply

Limited H20 inventory and no current production-restart plan kept NVIDIA's China supply constraints in focus, while Jensen Huang disclosed another share sale.

Fed leadership

Bessent reportedly opposed dismissing Powell, citing current economic conditions and Federal Reserve signals of two possible rate cuts by year-end.

U.S.-Japan trade

Bessent said the United States and Japan could reach a good trade agreement, while indicating that negotiations might require more time.

Key news

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