Nvidia said it has received assurances from the Trump administration that it can sell its H20 artificial-intelligence chip in China, days after Chief Executive Jensen Huang met President Trump.
The administration’s move marks a turnabout after the Commerce Department restricted sales of the chip in April, costing Nvidia billions of dollars. The news came during a visit by Huang to Beijing, where he was meeting senior officials. “I’m very happy,” he told reporters.N
Shares in Nvidia rose more than 4% in premarket trading early Tuesday.
The U.S. chip company has been on a winning streak and last week became the first company valued at more than $4 trillion. Now one of its few weak spots—difficulty selling in China owing to U.S. export restrictions—is likely to be shored up, although Nvidia still can’t sell its most-advanced chips to Chinese customers.
The administration said Nvidia would be allowed to sell the H20 chip after licenses are granted by the Commerce Department, according to the company. Nvidia said it would resume deliveries soon of the chip, which was designed for Chinese customers and has been a top seller in the country since 2024.
I n addition, Huang said Nvidia has developed a new AI chip for China that he said would be useful for factory automation and logistics. The chip is built on the Blackwell architecture—Nvidia’s most advanced on the market—but is downgraded in some features to address U.S. officials’ concerns about exports to China, people familiar with the chip said.
The U.S. decision to allow more Nvidia chips to flow to China again was viewed in Beijing as a gesture of good faith in trade talks, said people close to official thinking. Access to chips and advanced technology has been a main priority for Chinese negotiators.
The two countries reached a trade truce in June that includes a Chinese commitment to step up approvals of rare-earth minerals needed by Western manufacturers. This week, China granted conditional approval to a $35 billion acquisition by U.S. chip-design software company Synopsys that had been held up by Beijing’s review since last year.
Huang, Nvidia’s founder and CEO, long preferred to stay out of politics but has emerged as a central player in U.S.-China tensions in recent months, hopping from Beijing to Washington and back in the hopes of maximizing Nvidia’s access to China and global markets.
Last week, he met Trump and made the case that his company should be allowed to continue to do business with China and tap AI talent there, according to people familiar with the meeting.
Huang told Trump that Nvidia should be allowed to sell its technology freely to most parts of the world so American companies can dominate AI instead of Chinese companies like Huawei, the people said. The CEO also discussed similar topics with Commerce Secretary Howard Lutnick, they said.
In May, Trump called Huang “my friend” at an event in Saudi Arabia and praised Nvidia’s market share dominance in chip design.
This week, the CEO is in Beijing, at least the third time this year he has visited China. In meetings with top officials, Huang aimed to assure Beijing that his company would continue to do business in China to the extent that U.S. regulations allow, the people said.
Nvidia chips are vital for cutting-edge data centers that train AI models and operate AI applications, making Huang a popular figure in world capitals.
Nvidia Wins OK to Sell AI Chip to China Again After CEO Meets Trump — The Wall Street Journal
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