A Groundbreaking and Controversial Arrangement Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), two of the world’s leading semiconductor companies, have agreed to an extraordinary deal with the Trump administration,

Wedbush said the U.S. deal to allow Nvidia (NVDA) and AMD (AMD) to secure export licenses to sell their AI chips in China "takes down a key barrier of growth in the AI Revolution."

NVIDIA had estimated the restrictions to cost it $8 billion in H20 lost sales to China in the second quarter of fiscal 2026. In the first quarter, it had reported losing $2.5 billion in H20 chip sales in China. However, the latest approval will help the company re-enter the market legally and competitively.