The chip designer halts production of the H20 AI chip that it developed for China, after Beijing told companies there not to buy it.

Nvidia's attempts to navigate export restrictions on its artificial intelligence chips have become a focal point in the ongoing U.S.-China trade war.

Nvidia, under CEO Jensen Huang, navigates evolving U.S. chip export controls to China, collaborating with the Trump administration on a new chip design. These restrictions, initially driven by ...

At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.