Nvidia gains on report US to open up exports of chipmaker's GPUs

Shares of chipmaker Nvidia NVDA.O up 1.9% at $185.91

U.S. Department of Commerce to soon allow export of NVDA GPUs, which are about 18 months behind its most advanced offerings, Semafor reports, citing a person with knowledge of the plan

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

Up to last close, NVDA had gained ~36% YTD