According to Gary Black, Nvidia shares rose about 3.2 percent in premarket trading to 208 dollars, putting the company near a 5 trillion dollar market capitalization. According to Gary Black, the move is driven by speculation that Donald Trump will allow Nvidia to resume exporting AI chips to China as part of a broader U.S.-China trade deal expected to be discussed Thursday. According to Gary Black, Trump said in pre-meeting remarks he will discuss permitting exports of a downgraded version of Nvidia’s Blackwell AI processor to China. According to Gary Black, such approval would be a major win for Nvidia by market value, a concession to Beijing, and a reversal of efforts to curb China’s AI capabilities, while Nvidia currently exports no AI chips to China. According to Gary Black, the source did not provide any direct implications for the cryptocurrency market.