Expectations that Nvidia could resume AI chip sales to China lift its shares to record highs, as CEO signals confidence in a Trump deal.

Nvidia founder and CEO Jensen Huang said he remained hopeful of returning to the China market, as US President Donald Trump signalled that the company’s state-of-the-art Blackwell artificial intelligence chips could feature in his coming talks with Chinese President Xi Jinping. Speaking on the sidelines of Nvidia’s flagship GTC (GPU Technology Conference) in Washington on Tuesday, Huang said he had “100 per cent confidence in President Trump’s ability to cut a great deal for America”. He noted…

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