NVIDIA is reportedly planning to release a less powerful version of its H20 artificial intelligence chip for China within the next two months. The move comes after the original H20 model, which was previously cleared for Chinese sales,

Shares of Nvidia Corp. climbed toward the end of trading Wednesday after a report that the Trump administration is not planning to implement artificial-intelligence rules controlling chips shipments that was introduced by the Biden administration.

President Donald Trump has rescinded a set of Biden-era curbs meant to keep advanced technology out of the hands of foreign adversaries but that has been panned by tech giants.