The rollout is expected to include pushing for speedier permitting for data center buildouts and promoting US tech exports.

Trump to unveil AI Action Plan prioritizing innovation, infrastructure, and light regulation to boost U.S. global AI leadership and economic competitiveness.

But Nvidia now says that Trump, having met personally with Huang, is promising to issue those licenses, which would enable Chinese AI companies to greatly accelerate model development and infrastructure buildout. And even though the H100 chips are officially still supposed to be off-limits, China may be able to get its hands on them as well.

Broadcom Inc. (NASDAQ:AVGO) is one of the AI Stocks Investors Are Watching Closely. On July 15, Mizuho analyst Vijay Rakesh raised the price target on the stock to $329.00 (from $315.00) while maintaining an “Outperform” rating.

NVIDIA's H20 AI GPUs are once again allowed to be sold in China following a reversal of restrictions by the Trump administration, and NVIDIA's CEO claims it wasn't he who changed the US President's mind.

The US has given chipmakers like Nvidia and AMD the opportunity to sell their chips to China again. Derrick Irwin, portfolio manager at Allspring Global Investments, says the US may have retain some dominance,