10:08 AM EDT, 10/29/2025 (MT Newswires) -- (Updates with recent share movement in the first paragraph, Nvidia ( NVDA ) response in the sixth paragraph.)

Nvidia ( NVDA ) shares were up over 4% in early Wednesday trading amid media reports that US President Donald Trump could discuss the company's Blackwell artificial intelligence chip with his Chinese counterpart, Xi Jinping, during the state leaders' Thursday meeting.

Sales of the US chipmaking giant's high-end AI chips to China have been a main sticking point in protracted trade negotiations between the two global economic heavyweights, news outlets reported.

Trump reportedly said Nvidia's ( NVDA ) current flagship Blackwell model was the "super-duper chip."

"I think we may be talking about that with President Xi," news outlets quoted Trump as saying. Trump said he was "very optimistic" about his meeting with Xi, according to the reports.

Trump is also set to meet with Nvidia ( NVDA ) Chief Executive Jensen Huang, Reuters reported.

Nvidia ( NVDA ) declined to comment, and the White House didn't immediately respond to a request for comment from MT Newswires.

Price: 209.84, Change: +8.81, Percent Change: +4.38