Nvidia Corp. plans to resume sales of its H20 AI chip to China after securing Washington’s assurances that such shipments would get approved, a dramatic reversal from the Trump

Nvidia said it will once again sell its H20 AI chips in China, after receiving assurances from the Trump administration.

China’s Commerce Minister Wang Wentao told Nvidia CEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would

Industry demands are changing and only about 30 per cent of the country’s intelligent computing capacity is being used.

Nvidia says it is filing applications to with the U.S. government to resume sales of its H20 GPU to China, in what could represent a huge policy win.

Nvidia Corp. boss Jensen Huang anticipates getting the first batch of US licenses to export H20 AI chips to China soon, formally allowing the company to resume sales of a much sought-after component to the world’s top semiconductor arena.

Nvidia stock's surge looks poised to accelerate because investors' biggest concern about the company -- losing the Chinese data center AI chip market -- is now a non-issue.

Nvidia founder and CEO Jensen Huang has been active on the government relations and lobbying front, and now he’s got something big to show for his efforts: the Trump Administration has agreed to lift a ban on selling Nvidia H20 AI chips to China.

Nvidia stock hits record highs as U.S. export licenses unlock access to China’s $50B AI market. Click here to read an analysis of NVDA stock now.