AI Stock Frenzy: July 2025’s Biggest Earnings Surprises, Deals, and Market Shake-Ups
Major AI chipmakers saw dramatic moves in July 2025 amid booming demand and favorable policy news. Nvidia – now the world’s most valuable semiconductor firm – got a boost mid-month when the U.S. government reversed an export ban on advanced AI chips to China as part of a rare earth trade deal reuters.com reuters.com. Nvidia said it is applying for licenses to resume selling its H20 GPUs to Chinese customers and has been assured approvals are coming reuters.com. This marked a U-turn from an April ban that Nvidia warned would cost it up to $15 billion in lost revenue reuters.com reuters.com. Nvidia’s stock jumped about 4% on the news, as Chinese tech firms reportedly rushed to order the H20 chips – a slightly curbed version of its flagship AI processor – now back on the menu reuters.com reuters.com. Nvidia CEO Jensen Huang, visiting Beijing, argued that denying China access risked eroding Nvidia’s global leadership, noting the H20 works with Nvidia’s standard AI software tools even if its peak performance is dialed down reuters.com reuters.com.