By Grace O’Donnell
Publication Date: 2025-12-19 16:05:00
Nvidia stock (NVDA) jumped as much as 3.8% in Friday trading following a Reuters report that the Trump administration began its review of Nvidia H200 chip exports to China and news that US antitrust agencies cleared Nvidia’s investment into Intel (INTC).
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.
Read more about Nvidia’s stock moves and today’s market action.
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 faces hurdles. National security experts have warned that granting China access to America’s leading chip technology could diminish the US’s lead in artificial intelligence.
There’s also the question of whether China would accept the chips. In April, Trump similarly banned the exports of Nvidia’s H20 chips to China before reversing that decision…
