Nvidia stock jumped Tuesday after the AI chipmaker said it was applying to resume sales of its H20 GPUs to China.

Indexes were mixed in the first hour of trading after Tuesday's inflation report held few surprises. Earnings reports moved some banks on the stock market today. Meanwhile, Treasury Secretary Scott Bessent commented on the process for finding Federal Reserve Chairman Jerome Powell's replacement.

Nvidia Corporation hit record highs with $4T valuation, but is there still room for growth? Click here to read an analysis of NVDA stock now.

Nvidia's shares have climbed back to all-time highs as investors regain optimism in its AI infrastructure business. Generative AI will change the world. With shares up more than 50% since the start of April,

A Pivotal Decision for Nvidia Nvidia (NASDAQ:NVDA) announced it had secured U.S. government approval to resume sales of its H20 artificial intelligence (AI) chips to China, which could propel the chipmaker’s financial trajectory forward on its path to a potential $20 trillion market valuation.

Nvidia is set to resume H20 chip sales to China, alleviating export restriction pressures and reigniting revenue growth momentum. See why NVDA stock is a Buy.

Nvidia ( NVDA 0.53%) is one of the hottest stocks on the market today. Over the past five years, Nvidia shares have soared in value by nearly 1,500%, including another 20% in the last 12 months. Think the run is over? Think again. Nvidia stock remains far cheaper than most investors realize due to one critical factor.