Nvidia CEO Jensen Huang said the Trump administration is letting it sell its advanced H20 computer chips to China — a reversal in policy.

President Trump sees himself as a global peacemaker, actively working to resolve conflicts from Kosovo-Serbia to India-Pakistan. His Nobel Peace

Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for the company to resume sales of its AI chips to China after a surprise export ban in April.

The US, under President Trump, is allowing Nvidia to resume H20 AI chip sales to China, reversing earlier export bans. This decision is linked to negotiations regarding rare earth element supplies, critical for US manufacturing.

Nvidia is back in business with China. So is AMD. The Biden-era export controls on advanced AI chips used to be the cornerstone of America’s tech advantage. But they have been partially rolled back by the Trump administration.

President Donald Trump has reportedly softened his stance on China compared to six months ago as he looks to secure a trade deal with the U.S.’s closest economic rival, and a meeting with his counterpart,

It’s been a very busy week for Nvidia CEO Jensen Huang. After meeting with President Donald Trump and senior officials in Beijing in recent days, Huang has secured a major victory for his AI-chip empire.

Nvidia has profited enormously from rapid adoption of AI, but the trade rivalry between the U.S. and China has been weighing heavily on the industry.

President Donald Trump has dialed down his confrontational tone with China in an effort to secure a summit with counterpart Xi Jinping and a trade deal with the world’s second-largest economy, people familiar with internal deliberations said.