The announcement made Monday comes just three months after the Trump administration imposed strict export controls on China, frozen advanced AI chip cargo. The sudden reversal confirmed by both Nvidia and the US government has had a major impact on markets and geopolitics, indicating a critical change in trade policy.
Nigel Green, CEO of Devere Group, a global financial advisory firm, said: “The Tech Heavy Index is poised another leg as Nvidia, the market’s AI engine, has regained its fastest growing market.”
Specially designed to comply with US export restrictions, the H20 chip is tuned to meet the burgeoning demand from data centers and AI startups in China. Following a reported meeting last week with President Trump and Nvidia CEO Jensen Fan, the US now has approved H20 export licences, indicating that Nvidia will effectively reopen its most important international sales channels.
“It’s a pivotal moment,” Green added. “This not only eliminates the fog around Nvidia’s short-term revenues, but also confirms that the White House understands the interests of the global AI race.”
For investors, the signal is clear. Wall Street has long been clear about the US government’s stance on technology exports to China, particularly in the AI domain where Nvidia holds its dominant market position. That clarity has arrived and the market is expected to respond quickly.
“Wall Street was waiting for clarity, that’s it. And the Nasdaq will respond,” Green said.
“This is not about easing restrictions, it is about revitalizing the most important international revenue streams for the most powerful stocks in NASDAQ.
Last week, Nvidia, which became the world’s most valuable company, was a central pillar of the AI investment boom with a market capitalization of over $4 trillion. However, China’s export bloc had limited its global growth potential. These ambitions are reaffirmed with the resumption of H20 shipments.
The Nasdaq 100 has already surpassed more than 20% this year, and Nvidia is a significant portion of these profits. Billions have flowed into companies focused on AI, spanning chips, cloud infrastructure, and basic model development. Resuming sales in China could now serve as a fresh catalyst.
“Now I have a new confidence that I can manage political headwinds and that the AI supercycle is just beginning,” Green said.
“This nvidia to green light will effectively resume the entire channel between Silicon Valley and China. The Nasdaq is to price it right away.”
Importantly, the move is interpreted not only as a commercial decision, but as a strategic readjustment by Washington. Analysts say that US technology leadership relies on global scale and reflects a growing perception that sequestering American companies from the Chinese market could ultimately be self-defeating.
“The market is seeing this as to what it is: a strategic setback from a hard-line position that is undermining America’s competitiveness,” Green pointed out.
“It appears that Trump’s administration is currently opting for economic leverage over blanket restrictions. It’s bullish not only for Nvidia, but for all businesses registered with NASDAQ connected to the AI economy.”
Nvidia CEO Jensen Huang is currently in Beijing and is set to hold a press conference this week, strengthening his new commitment to the Chinese market. Analysts have already revised their sales forecasts upwards, with many expecting a sharp surge in H20 orders.
“This move confirms that Nvidia remains an integral supplier in the AI era and will firmly guide the Nasdaq all over the world,” Greene said. “Investors should expect a sharp upward movement, especially beyond semiconductors and cloud names, as the market price for the latest topline growth from Asia.”
Green concluded with a clear outlook for the global market: “The Nasdaq is the global AI index, and the announcement pulled out the throttle. Many investors are looking at technology leadership, revenue momentum and geopolitical verification.
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