Nvidia shares jump on Blackwell chip talk ahead of Trump-Xi meeting
Update: 2025-10-29
Description
Nvidia's stock surged as investors anticipated a potential easing of US-China chip trade restrictions, with President Trump planning to discuss Nvidia's new AI chip during his meeting with President Xi. Despite the stock's 50% year-to-date gain, ongoing policy changes from both countries create uncertainty, as China's self-sufficiency push and potential use of restrictions as bargaining chips keep Nvidia's access to the Chinese market in limbo.
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