Trump permits Nvidia to sell advanced chips in China, CEO says | Trump administration

Jensen Huang, CEO of Nvidia, said the chip manufacturer gained approval from Trump administration to sell advanced computer chips used to develop artificial intelligence to China.

Huang, in his statement to Journalists in Beijing, said, “Today, I am announcing that the US government has approved licenses to start sending H20s,” he said.

The news came late on Monday, a company came to a blog post.

“The US government made sure that licenses will be given to NVIDIA, and Nvidia hopes to start delivery soon,” he said.

Huang also talked about the coup in China’s CGTN television network, which is run by the state in the statements shown in X. According to the first reports, Chinese buyers lined up to buy semiconductors in response to the news.

“In China is so innovative and dynamic that American companies can compete and serve in the market is really important,” he said. He said that half of the world AI researchers are in China.

Huang recently met with Donald Trump and other US policy makers, and this week to attend a supply chain conference and talk to Chinese authorities in Beijing. The publication showed the execution meeting with Ren Hongbin, President of the Chinese International Trade Council, which is hosting the Chinese International Supply Chain Fair, attended by Huang. Nvidia is a participant.

Nvidia greatly won the AI’s rapid adoption, and the market value was the first company to exceed 4 TN last week. However, trade competition between the US and China is mainly predominantly mainly in the company and industry.

Washington tightened the controls on advanced technology exports to China for years and said that Knowhow can be deployed for military purposes for civilian use. The emergence of China in January of Deepseek AI Chatbot renewed concerns about how China could use advanced chips to help improve its own AI capabilities that will compete from the United States.

In January, before Trump began his second term, Biden management launched a new framework to export advanced computer chips used to develop artificial intelligence, which attempt to balance national security concerns about technology with the economic interests of producers and other countries. Later, in April, Trump’s White House announced that Nvidia’s H20 chips and AMD’s MI308 chips will restrict sales to China.

Nvidia said tight export controls would cost the company extra $ 5.5 billion, and that Huang and other technology leaders were lobbies to reversed restrictions. They claim that such borders prevent US competition in a leading sector in one of the world’s largest technology markets.

He also warned that US export controls could push other countries towards China’s AI technology.