According to The Kobeissi Letter, Nvidia is reportedly modifying its AI chips to comply with export restrictions and allow sales to Chinese companies, as reported by The Information. Following this announcement, Nvidia stock ($NVDA) surged by 2.5%, reflecting increased trader optimism about the company’s ability to capture market share in China while navigating regulatory challenges (source: The Kobeissi Letter, May 2, 2025). This move is expected to drive short-term trading interest in $NVDA, particularly among investors seeking exposure to AI and semiconductor sectors with China-focused growth catalysts.