Summary: Nvidia plans to resume sales of its H20 AI accelerator chip to China following assurances from the US government. This reversal of the Trump administration’s stance is seen as positive for Nvidia, the AI semiconductor supply chain, and China’s tech platforms. The announcement led to a surge in Nasdaq futures and positive reactions from Hong Kong and Chinese stocks.

Link: https://www.straitstimes.com/business/nvidia-to-resume-h20-chip-sales-to-china-in-surprise-us-reversal