Jensen Huang to meet top officials in Beijing this week after Washington visit
Nvidia and AMD said they hope to start resuming AI chip sales to China "soon." (Source photos by Reuters)
PALO ALTO, California -- Shares in Nvidia and AMD, two of the biggest AI chip companies, rallied Tuesday after they said the Trump administration would grant them licenses to resume sales of certain products to China.
Nvidia stock climbed 4% and AMD gained more than 6%, while the PHLX Semiconductor Sector Index closed up 1.27%.
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