Nvidia, AMD Shares Rise After Trump Allows Sale Of Advanced AI Chips To China

President Trump is set to conduct final interviews this week for the position of Federal Reserve chair, with Kevin Hassett emerging as a leading candidate among the finalists. This follows reports of Hassett's strong support within the administration and his potential nomination expected by early 2026.

Former President Donald Trump praised the U.S. economy as an ‘A-plus-plus-plus’ during a rally in Pennsylvania, emphasizing his administration's economic achievements and the importance of affordability. This statement comes as he seeks to rally support ahead of upcoming elections.

FIFA President Gianni Infantino is facing scrutiny from an independent watchdog following former President Donald Trump's recent receipt of a FIFA Peace Prize, which has raised questions about compliance with FIFA's internal regulations. The allegations suggest potential breaches of organizational rules that could have significant implications for Infantino's leadership.

President Donald Trump has announced that Nvidia will be allowed to sell its advanced H200 AI chips to approved customers in China, effectively lifting a previous export ban that was in place due to national security concerns. This decision marks a significant shift in U.S. trade policy regarding technology exports to China.

The USDA has maintained its export outlook for U.S. soybeans, despite recent resumption of sales to China, indicating stability in the agricultural market. This decision comes as China is reportedly on track to fulfill its soybean purchase commitments, reflecting a positive trend in trade relations between the two nations.

A US judge has ruled that former President Trump's executive order to freeze all wind energy projects, both on land and at sea, is unlawful. This decision comes as part of a broader legal challenge against Trump's policies affecting renewable energy initiatives.

President Trump announced the easing of restrictions on Nvidia's exports of advanced AI chips to China, specifically allowing the sale of the H200 model. This decision follows extensive negotiations and is seen as a critical moment in U.S.-China technology relations.

A federal judge has ruled that former President Trump's order to halt permits for all wind farms on federal lands and waters is illegal, describing the decision as 'capricious.' This ruling specifically impacts the Vineyard Wind Farm, located approximately 15 miles south of Martha's Vineyard in Massachusetts.