The move could open the door to China securing more advanced computing power from the U.S. even as the two countries battled for technology supremacy, critics said.

The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.

Nvidia's a terrific company, but it faces near-term challenges in China -- and there's a terribly high price tag on Nvidia stock.

Chinese artificial intelligence startup DeepSeek has hinted that China will soon have homegrown "next generation" chips to support its AI development.

Samsung reportedly offered NVIDIA its 12-layer HBM3E memory at 20-30% cheaper than SK hynix for use on its made-for-China H20 AI GPU.

This is after the US announced that it would allow the sale of more advanced technology to China, so long as the US gets a 15% cut of the proceeds.