Nvidia stock gains on Trump chip export review, sparking rally in chipmakers

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 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 ...