China regains access to Nvidia chips after US lifts restrictions

• Nvidia could soon resume selling H20 chips in China
• CEO Jensen Huang has liaised with China and the US
• The company lost billions in sales as a result of export bans

Nvidia is planning to resume sales of its H20 AI chips to China after the US government confirmed it would grant the tech giant export licenses.

The move comes after Nvidia CEO Jensen Huang's visit to China and his discussions with US President Donald Trump, all in a bid to reach an agreement and resume sales.

As a result, it's believed that Chinese companies like ByteDance and Tencent are now lining up to place orders on H20 chips after a brief pause to exports.