President Donald Trump curbed sales of Nvidia’s H2O artificial intelligence chips to China in April as part of an escalation of his trade war with Beijing. But the leading AI chips group said on Monday it had been told by the US government that Washington would resume approvals for these chips to be sold to Chinese companies.

Chinese stocks jumped Tuesday as investors welcomed the double boost of robust economic growth and news that Nvidia may soon restart selling some chips to the country. Technology names, in particular,

Tencent Advertising Algorithm Competition, which challenges students to leverage AI to develop a recommendation engine, has already drawn 6,000 applicants – including nearly 500 students from overseas universities.