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Nvidia stock gains on Trump chip export review, sparking rally in chipmakers [Yahoo! Finance Canada]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Nvidia stock ( NVDA ) jumped as much as 3.7% in early trading on Friday following a Reuters report that the Trump administration began its review of Nvidia H200 chip exports to China. The move higher put shares of the world's largest company on track for a weekly gain, as investors viewed the news as a sign that President Trump would follow through on his promise to allow Nvidia to sell advanced chips to China in exchange for a 25% fee to the government. NVIDIA Corporation (NVDA) According to Reuters , the US Commerce Department sent license applications for the sale of Nvidia's advanced chips to the State, Energy, and Defense Departments, which will weigh in on the potential chip exports over the next 30 days. Nvidia has been pushing for the Trump administration to approve its advanced chip exports to China for months, which would expand access to a crucial market for the business. But some on Wall Street have noted that lifting chip export restrictions for China still fac
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