Nvidia Corp. and Advanced Micro Devices Inc. plan to resume sales of some AI chips in China after securing Washington's assurances that such shipments would get approved, a dramatic reversal from the Trump administration's earlier stance on measures designed to limit Beijing's AI ambitions.

U.S. President Donald Trump could hand Chinese rival Huawei an edge – and easily kill Nvidia’s remaining business in the People’s Republic – by widening export controls.

The Stoxx Europe 600 Index rose 0.1% as of 9:24 a.m. in Paris.