Wall Street analysts at Stifel, Bernstein, and William Blair said Nvidia could make up as much as $15 billion in revenue from China in the second half of the year to hit around $20 billion from the r...

The granting of export licenses for the company’s H20 chips points to a tentative de-escalation in the trade war between Washington and Beijing.

Huang said his company would likely be able to recover some of its losses but it's unclear how much.

Only a few years ago, the Biden administration declared export controls a “new strategic asset” to help the US maintain “as large a lead as possible” over China in advanced technology. President Donald Trump is now upending that approach.

Nvidia NVDA 4.39% notched a political win Monday with the Trump administration’s loosening of restrictions on its chip sales in China.

Shares in AMD, a rival chipmaker, were gaining, too, on a report that it had the green light to sell its MI308 to Chinese customers again.

Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.

U.S. stocks are drifting mostly higher following some mixed data on inflation and profits at some of the biggest U.S. banks.

“The US government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon,” it said.