Nvidia stock rose in premarket trading Friday after CEO Jensen Huang met with Chinese Commerce Minister Wang Wentao Thursday, in a sign it might deepen ties with China further.

China's Commerce Minister Wang Wentao told Nvidia CEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would provide high-quality and reliable products and services to Chinese customers,

Nvidia CEO Jensen Huang met with Chinas Commerce Minister Wang Wentao in Beijing on Thursday, as part of his third visit to China in 2025. Wang confirmed the meeting during a press conference on Friday,

Nvidia stock wasn’t doing all that much Wednesday after jumping in the previous session on news it can sell advanced artificial-intelligence chips in China again. Shares of the semiconductor maker, which is the most valuable U.

Nvidia took a $4.5 billion write-off in its latest quarter on unsold H20 chips that it was unable to repurpose for other markets. If sales of these high-volume chips to China resume, a reversal of this write-off could boost earnings.

Nvidia 's ( NVDA 0.37%) business has been going strong over the past few years thanks to its dominance in the global artificial intelligence (AI) chip market. The company designs the most powerful AI chips on the market,