Most of the recent NVIDIA stock gains came after the middle of the trading day on September 11. That coincided with the news about the company being permitted to export chips to Saudi Arabia.

The race for AI dominance heats up as NVIDIA navigates China's export controls and secures deals with Saudi Arabia, potentially adding $1 trillion to the global market. Wall Street is watching ...

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." ...

According to the FT’s government source, Nvidia will share revenues from sales of its H20 AI chips in China, and AMD would share a cut of MI308 chip sales.

The move could open the door to China securing more advanced computing power from the U.S. even as the two countries battled for technology supremacy, critics said.

The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.

Nvidia's H20 AI chip situation is not ideal, but it's significantly better than having no H20 sales.

NVIDIA and AMD have agreed to pay 15% of all revenue generated from the sale of AI chips to China to obtain necessary trade licenses.

Chipmaking giants Nvidia and AMD will reportedly have to pay the U.S. government a 15% cut on the revenue generated from AI chip sales to China.

Authorities have summoned domestic companies like Tencent and ByteDance over their purchases of Nvidia's H20 chips, asking them to explain their reasons and expressed concerns over information risks.

Nvidia is developing an AI chip for China that is more powerful than the H20 model it is currently allowed to sell in the region, according to a report.

The United States' two leading makers of semiconductors that power AI have agreed to pay 15% of their China sales of two chips in exchange for export licenses.