Nvidia Shares Hit All-Time High As Trump Administration Backs China Chip Sales
1. Nvidia shares hit an all-time high after resuming AI chip sales to China. 2. The company expects to recover from a prior $5.5 billion sales hit. 3. Stock opened at $171.19 and reached $172.26 shortly after. 4. The Trump administration's backing impacted trading positively. 5. These developments reflect a significant shift in U.S.-China trade relations.