On Thursday, Nvidia Corp. CEO Jensen Huang voiced hope for stronger bilateral relations as President Donald Trump met Chinese leader Xi Jinping during a two-day state visit. According to a Reuters report, Huang was optimistic the leaders would build on their good relationship.
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His remarks surfaced alongside significant business developments. Meanwhile, reports confirmed the U.S. has approved sales of Nvidia’s advanced H200 AI chips to companies in China.
The market responded positively to this confluence of diplomatic and corporate news. Consequently, Nvidia shares climbed more than 2% in Thursday’s pre-market trading session.
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