The U.S. will grant licenses for the H20 chip after it had announced restrictions in April.

Wearing his iconic leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel earlier than scheduled and took multiple questions.

Nvidia chief executive Jensen Huang says President Donald Trump's effort to "re-industrialize" technology manufacturing is "exactly the right thing," a "smart move" that will end the nation's "sole dependency" on overseas suppliers.

Nvidia CEO Jensen Huang moved ahead of LVMH’s Bernard Arnault to become the world’s sixth-richest person as shares of the chipmaker rallied to an all-time high Tuesday, after the company said sales of its H20 AI chips would resume “soon” in China,

But Nvidia now says that Trump, having met personally with Huang, is promising to issue those licenses, which would enable Chinese AI companies to greatly accelerate model development and infrastructure buildout. And even though the H100 chips are officially still supposed to be off-limits, China may be able to get its hands on them as well.

Nvidia has been grappling with export controls on its AI chips implemented by the Trump administration in April for national security reasons.

The U.S. has agreed to let Nvidia sell its advanced H20 computer chips to China just days after President Donald Trump met with the company’s chief executive, his “friend” Jensen Huang. The decision,

NVIDIA CEO Jensen Huang spoke to USA TODAY about tariffs, trade and his trip to China after a meeting with President Donald Trump at the White House.