Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.

Nevertheless, export restrictions imposed by the U.S. government have cost the company billions of dollars in sales. Fortunately, Nvidia shareholders recently got great news from the Trump administration: Applications to resume selling its H20 GPUs in China will be approved by the Commerce Department. Here's what investors should know.

U.S. stock futures were mostly higher early Tuesday after Nvidia said it will restart some chip sales to China, and investors digested a raft of bank earnings ahead of key inflation data on a busy day for markets.