Wall Street analysts were positive after Nvidia (NASDAQ:NVDA) said it hopes to resume sales of its H20 chips to Chinese clients, citing U.S. government assurances that export licenses will be granted.

Nvidia said it will once again sell its H20 AI chips in China, after receiving assurances from the Trump administration.

The move represents a major change, given that H20 chip sales to China without a US permit were blocked in April.