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

The federal government’s past restrictions on AI chip sales inside China were easily the biggest threat to American preeminence in the AI space.

The Score is a weekly review of the biggest stock moves and the news that drove them. The U.S. may be getting closer to a transcontinental railroad. Railroad operator Union Pacific is holding talks to acquire its smaller rival Norfolk Southern, The Wall Street Journal reported Thursday.

We recently published 10 Stocks On Jim Cramer’s Radar As He Says Trump Has Been Good For Growth. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed. NVIDIA Corporation (NASDAQ:NVDA) scored a big win in July when the firm announced that it was accepting orders for the China-specific H20 GPU after being

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. United AirlinesUAL reported mixed results late Wednesday. NvidiaNVDA chipmaker Taiwan SemiconductorTSM headline earnings early Thursday with NetflixNFLX due after the close.

Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.

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Nvidia stock is jumping today following announcements that the Trump administration will allow the company's H20 processor and other hardware to be sold in China. The approval of the export licenses for the company's AI hardware is an unexpected development -- and a big win for CEO Jensen Huang.