🟢 NVDA is trading 3.3% up as US reportedly approves H200 chip sales to Chinese firms

NVDA is trading 3.3% up following reports that the U.S. has approved the sale of its H200 AI chips to around 10 Chinese tech companies, a potential breakthrough during the ongoing Trump-Xi summit. [5, 10, 12, 23]

• CEO Jensen Huang's last-minute addition to the U.S. delegation in China is fueling investor optimism for eased trade restrictions. [3, 4, 15]
• Broader semiconductor sentiment is also being lifted by Cisco’s strong AI-driven earnings report. [19, 24]