Nvidia leads chip stocks higher after sale of H20 chips set to resume in China

Artificial Intelligence CPU on Motherboard with Illuminated Data Cubes, AI Technology Concept

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Nvidia (NASDAQ:NVDA) led chip stocks higher on Tuesday after the company said it hopes to resume sales of its H20 chips in China, citing U.S. government assurances that export licenses will be granted.

AI chipmakers Nvidia (NASDAQ:NVDA) jumped about

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