Nvidia CEO Jensen Huang was added at the last minute to President Trump's high-level delegation to Beijing. The U.S. government approved Nvidia's H200 AI chip sales to major Chinese tech firms, while actual deliveries remain on hold due to Beijing restrictions.

The news clears more China buyers for H200, and analysts still see a valuation discount: ~24x forward earnings vs its historical ~40% premium to the semiconductor index. With earnings May 20 and expectations of ~80% sales growth,

Nvidia stock hit 7 on Tuesday. The jump came after CEO Jensen Huang traveled to China with President Trump, opening up what could be a billion

Reuters on April 22 cited Commerce Department Secretary Howard Lutnick reporting that NVIDIA Corporation (NASDAQ:NVDA) has not sold its H200 AI chips to Chinese enterprises.

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China has reportedly indicated willingness to approve NVIDIA (NASDAQ:NVDA) H200 chips for import. The timing, conditions, and competitive dynamics present a complex situation for the company's China market strategy. Jensen Huang is currently in Shanghai.

NVIDIA Corporation (NASDAQ: NVDA) is one of the 10 Best American Tech Stocks to Buy. On April 30, Reuters reported that strong demand for AI computing equipment in China has pushed the price of NVIDIA Corporation’s (NASDAQ:NVDA) B300 ​servers to around 7 million yuan, or about $1 million each.