By Jarrett Renshaw and Karen Freifeld WASHINGTON/BEIJING/HONG KONG (Reuters) -Nvidia's planned resumption of sales of its H20 AI chips to China is part of U.S. negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday,

Nvidia’s U.S. approval to resume H20 chip sales to China unlocks billions in potential revenue, boosting its stock and AI market dominance. The new RTX PRO GPU complements this strategy, while easing U.S.-China tensions signal growth opportunities, despite national security concerns, positioning Nvidia for a transformative future.

After the U.S. government grants export permits, Nvidia CEO Jensen Huang expects that sales of H20 AI chips will resume in China, opening the door for a possible Nvidia rally as trade restrictions lighten.