Nvidia wins ok to sell AI chip to China again after CEO meets Trump

Jensen Huang's case proves persuasive as U.S. agrees to grant licenses for H20 chip

- Raffaele Huang & Amrith Ramkumar

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.

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.