Nvidia CEO Jensen Huang announced that the Trump administration has approved the sale of its advanced H20 AI computer chips to China. This follows months of lobbying by Nvidia and other tech leaders who argued that export restrictions hurt US competitiveness. The approval allows Nvidia to resume shipments, addressing concerns about a $5.5 billion potential loss. Huang met with US policymakers and Chinese officials, emphasizing the importance of US companies competing in the Chinese AI market. While Nvidia's US shares slightly dipped, its Frankfurt shares rose.

Prepared by Jonathan Pierce and reviewed by editorial team.