Nvidia CEO Jensen Huang commended Chinese AI leaders Deepseek, Alibaba (NYSE:BABA), and Tencent as world class at the China International Supply Chain Expo in Beijing, emphasizing AIs transformative impact on

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

The approvals mark a major reversal after April’s sweeping restrictions, imposed by the Trump administration, barred companies from selling certain advanced semiconductors to China. Those rules left Nvidia facing a $4.5 billion inventory write-down, as it had no alternative buyers for its H20 chips.

BEIJING: Nvidia CEO Jensen Huang called China's open-source artificial intelligence a "catalyst for global progress" and hailed the country's innovation in the sector as he addressed an expo in Beijing on Wednesday (Jul 16).

BEIJING/SHANGHAI (Reuters) -Nvidia CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba and Tencent as "world class" and said AI was "revolutionising" supply chains,

Nvidia Corp. (NVDA) has received the Trump Administration’s nod to sell its China-compliant artificial intelligence (AI) H20 chips in the Asian country, three months after the company disclosed a $5.5 billion charge related to new export curbs put in place by the Trump administration.

Nvidia was informed by the U.S. government in April that it needs a license to export its China-specific H20 chip into that market. The company took a $4.5 billion charge on account of the excess inventory of the unsold H20 chips that it was left with. Nvidia also lost $2.5 billion in revenue because of this restriction during the quarter.

Huang, attending the opening ceremony of a supply chain expo, is on his third visit to China in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

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,