AMD Stock Gains As Trump Taps Nvidia CEO For China Trip
Key takeaways
- But it’s Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang who is reportedly joining President Donald Trump on the administration’s China delegation.
- The backdrop is ongoing pressure on advanced AI chip sales into China, with Nvidia saying in February that U.S.-approved versions of its chips still had not received clearance for sales there.
- Commerce Secretary Carlos Gutierrez said the trip is symbolically important, but he still sees the U.S. “far from reaching any agreement” on AI chip export controls.
AMD Stock Gains As Trump Taps Nvidia CEO For China Trip Anusuya Lahiri Wed, May 13, 2026 at 8:10 PM GMT+7 4 min read AMD NVDA Advanced Micro Devices (NASDAQ:AMD) shares are trading higher in Wednesday’s premarket session, in tandem with its semiconductor peers, as traders weigh fresh U.S.-China chip-export headlines amid tighter U.S. restrictions that keep the AI hardware trade sensitive to policy risk.
But it’s Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang who is reportedly joining President Donald Trump on the administration’s China delegation. During the two-day meeting, Trump plans to ask Chinese President Xi Jinping to further open China to U.S. businesses.
The backdrop is ongoing pressure on advanced AI chip sales into China, with Nvidia saying in February that U.S.-approved versions of its chips still had not received clearance for sales there.