WASHINGTON, Dec 8 (Reuters) - The U.S. Commerce Department will soon allow Nvidia Corp's ( NVDA ) H200 chip to be exported to China, Semafor news outlet reported on Monday, citing a person with knowledge of the plan.

Nvidia ( NVDA ) shares rose 2.2% immediately after the report.

Reuters could not immediately confirm the plan, and the U.S. Commerce Department did immediately respond to a request for comment. Nvidia ( NVDA ) also could not be immediately reached.

The Trump administration had been considering greenlighting the sale, sources told Reuters last month.

The H200 chip, unveiled two years ago, has more high-bandwidth memory than its predecessor the H100, allowing it to process data more quickly.

It is estimated to be twice as powerful as Nvidia's ( NVDA ) H20 chip, the most advanced AI semiconductor that can legally be exported to China, after the Trump administration reversed its short-lived ban on such sales earlier this year.