In a significant shift of U.S. trade policy, Nvidia announced it will restart sales of its advanced AI chips to China, marking a reversal of previous restrictions. This decision follows discussions between Nvidia CEO Jensen Huang and former President Trump, who has reportedly facilitated the lift on the ban. As a result, Nvidia is preparing to resume the sales of its H20 GPU chips and potentially introduce a new AI chip specifically designed for the Chinese market. The move has been met with optimism on Wall Street, with Nvidia’s stock and AMD shares experiencing notable surges. However, U.S. officials have reassured that the advanced chips being sent to China will not be the top models, aimed at addressing concerns over technology transfer that could bolster Chinese military capabilities.