In April, the Trump administration blocked Nvidia from selling H20 GPUs in China, a decision that has already cost the company billions of dollars in revenue. Nvidia recently filed applications to resume selling H20 GPUs in China and has reportedly received assurances from the U.

Nvidia stock jumped over 5% Tuesday as U.S. export licenses pave way for renewed AI chip sales to China. Here's what that means.

Nvidia shares surged as the chipmaker is expected to sell H20 AI chips to China after US export license assurance