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The tech giants said they can resume selling high-end semiconductors to China, in what appears to be a major about-face for the Trump administration.

Jensen Huang, Nvidia’s C.E.O., scored a potentially big win for the chipmaker amid President Trump’s trade war.I-Hwa Cheng/Agence France-Presse — Getty Images

Andrew here. We’re thrilled to announce that the DealBook Summit is back: It will take place on Dec. 3 in New York City. If you would like to join us in person for a day of headline-making conversations with some of the most consequential figures in business, policy and culture, apply to attend here.

Tuesday is turning out to be super-busy: JPMorgan Chase released earnings that crushed estimates. Nvidia shares are jumping, too, on news that it will resume selling its H20 chips in China. (We wonder: What changed about the national-security concerns over such

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