Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.

CNBC’s Deirdre Bosa joins 'Money Movers' to discuss Nvidia's win over China users and CEO Jensen Huang's Trump playbook.

Nvidia said in a statement that it is filing applications with the US government to resume H20 sales and that "the US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon.

The approvals mark a major reversal after April’s sweeping restrictions, imposed by the Trump administration, barred companies from selling certain advanced semiconductors to China. Those rules left Nvidia facing a $4.5 billion inventory write-down, as it had no alternative buyers for its H20 chips.

Nvidia CEO Jensen Huang moved ahead of LVMH’s Bernard Arnault to become the world’s sixth-richest person as shares of the chipmaker rallied to an all-time high Tuesday, after the company said sales of its H20 AI chips would resume “soon” in China,

Nvidia chief Jensen Huang opens up about how AI is impacting his daily life, and why he believes it’s helping people become smarter, not the opposite.

"You know this is no different than getting three opinions. Three doctors' opinions. I do the same thing," Huang said.

Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.