Nvidia plans to resume sales of its H20 AI chip to China after receiving assurances from the U.S. government that export licenses will be granted. This marks a significant turnaround from previous restrictions imposed by the Trump administration, which had halted sales due to national security concerns. The resumption of sales is expected to add billions to Nvidia's revenue, restoring its ability to fulfill previously lost orders and potentially recovering a substantial portion of the $15 billion in fiscal 2026 data center revenue that was at risk.

The U.S. government's decision to allow Nvidia to resume H20 chip sales comes amid a thawing of relations between Washington and Beijing, with both sides seeking to ease trade tensions. Nvidia's CEO, Jensen Huang, has been actively lobbying against export controls, arguing that they hinder American tech leadership. The resumption of sales is seen as a positive development not only for Nvidia but also for the broader AI semiconductor supply chain and Chinese tech platforms that rely on Nvidia's hardware for AI development.