Nvidia and AMD stocks experienced gains as reports emerged that Donald Trump plans to rescind chip-export rules introduced under Joe Biden’s administration. According to various sources, including Barron’s and Bloomberg, the Trump administration is preparing to end these export restrictions. This move is expected to ease tensions in the semiconductor industry. Nvidia shares climbed following the news of the potential change in policy, which also includes plans for new artificial intelligence restrictions. While the exact details remain unclear, the decision signals a shift towards easing chip export curbs on some Gulf countries. — new from Barron’s