Last updated: 2025-12-09 15:07:39 ET
Ultrapure water is scarce and Big Tech needs enormous amounts of it for AI and semiconductors.
President Trump’s move fulfills a major goal of the chipmaker. But the move faces opposition in Washington — and uncertainty in Beijing.
These are the stocks posting the largest moves in the premarket.
Trump says Nvidia can sell more powerful AI chips to China
President Trump said Nvidia can export some chips. But years of U.S. restrictions have propelled China to make everything it needs for advanced A.I.
Out of the 11 S&P 500 sectors, the tech sector was the only one that closed in the green on Monday.
The Justice Department brought charges over selling Nvidia chips into China — and now the government will allow it.
Authorities have shut down yet another China-linked smuggling network for Nvidia's AI chips, according to a release from a U.S. Attorneys office.
In the hours after U.S. President Donald Trump said Nvidia can sell a more advanced chip to China, several analysts said the move would give Beijing
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
