Nvidia gets U.S. approval to resume H20 AI‑chip sales to China

CEO Jensen Huang revealed that after meetings with former President Trump, the Biden administration will soon issue export licenses for Nvidia’s H20 AI accelerator chips—reversing April restrictions and reopening a major revenue stream in China  .

This has already sparked a noticeable stock rally, with Nasdaq futures up and Nvidia shares jumping around 4–5% in premarket trading  

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