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CNBC’s Deirdre Bosa joins 'Money Movers' to discuss Nvidia's win over China users and CEO Jensen Huang's Trump playbook.

Nvidia backed Washington's AI push on Tuesday, echoing Trump advisor David Sacks' call to make American technology the global standard, as AI chip stocks rallied on signs of renewed U.S. investment and eased export restrictions.

Nvidia has been grappling with export controls on its AI chips implemented by the Trump administration in April for national security reasons.

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Nvidia stock is jumping today following announcements that the Trump administration will allow the company's H20 processor and other hardware to be sold in China. The approval of the export licenses for the company's AI hardware is an unexpected development -- and a big win for CEO Jensen Huang.

The tech giants said they can resume selling high-end semiconductors to China, in what appears to be a major about-face for the Trump administration.

NVIDIA CEO Jensen Huang spoke to CNN about supporting ‘the craft of making things.’ NVIDIA CEO Jensen Huang said he supports onshoring US manufacturing during a wide-ranging interview on Sunday with CNN journalist Fareed Zakaria.