Nvidia CEO Jensen Huang's endorsement of China's OpenClaw as 'the Next ChatGPT' sparked a rally in Chinese AI-related equities, with key stocks like 00700.HK, BABA, and 09988.HK seeing increased investor interest. The statement underscores growing global recognition of China's AI advancements and heightened market volatility.
- Nvidia CEO Jensen Huang called China's OpenClaw 'the Next ChatGPT' at the GTC conference on March 17, 2026
- Chinese AI stocks including 00700.HK, BABA, and 09988.HK saw increased investor interest
- Nvidia expects at least $1 trillion in revenue from Blackwell and Rubin chips by end of 2027
- Market volatility, tracked by ^VIX, increased following the announcement
- The statement signals growing global recognition of China’s AI innovation capability
- No specific price changes or volumes were reported, but sentiment drove sector-wide momentum
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