The company's CEO Jensen Huang said in a video broadcast by China's official "CCTV" channel on Tuesday, "The U.S. government has authorized us (to submit) licenses to begin shipping H20, so we will start selling it to the Chinese market."

H2O America and its Texas subsidiaries announced Tuesday that they have agreed to acquire Magnolia-based Quadvest and all of its assets in a $540 million deal.

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One analyst boosted his price target on Nvidia’s stock to a level that would imply a $5.7 trillion market cap, with the chip maker seemingly cleared to sell its H20 chip in China again.