Nvidia says it hopes to resume the sale of H20 -KI chips in China.

Nvidia It said on Tuesday that it hopes to resume the sales of its general processing units from H20 to China, in an important victory for the company that suffered from US export -bricks.

The US government announced Nvidia in April that it would request a license to sell the chips to China, the company announced in a registration and effectively hired its sales. The H20 chips were specially developed to avoid previous export controls for Beijing.

“The US government has assured Nvidia that licenses will be given and Nvidia hopes to start delivering soon,” said the company in a statement on Tuesday.

Jensen Huang, CEO of Nvidia, has strengthened his lobbying against export controls in the past few months and argues that they have inhibited the American tech leadership. In May Huang said that Chip restrictions have almost halved the Nvidia market share.

The possible change in US farming follows a meeting between Huang and US President Donald Trump last week. During the talks, Huang had the support of Nvidia to create jobs and the onhoring efforts by the administration and the goal of America to conduct in global AI, the company said.

Washington and Beijing approved a preliminary trade frame last month, which made it possible to relax the export controls of rare earth through China and to relieve the tech export bracket through the USA

Huang also terminated a new “fully compliant” GPU – RTX Pro – and said it was ideal for intelligent factories and logistics. It was not clear whether the reference was that the GPU corresponds to the guidelines for exports to China.

Since May, reports had been working on a new AI chip for the Chinese market that would be less advanced than the H20.

However, the potential resumption of H20 chips to China is a surprise, Ray Wang, research director for semiconductor, supply chain and aspiring technology at the Futurum Group, told CNBC.

“The lifting of the H20 ban is an important and positive development for Nvidia, which will enable the company to strengthen its leadership in China,” said Wang.

“The resumption of H20 broadcasts of the upcoming introduction of the new export control-compliant AI chips for the Chinese market-solte in the upcoming quarters serve as a fresh growth catalyst,” he added.

The NVIDIA shares rose by 4.5% on the Robinhood trading platform from 12:20 p.m. ET.

On Tuesday, Nvidia also confirmed that Huang was in China and had hit the government and industrial officers to discuss the advantages of AI and opportunities for researchers in order to advance secure AI.

When the export controls of the H20 chip check in April, some chip experts expected to be a blessing for local Nvidia alternatives like Huawei.

While the China's Ki -Chip environment has made progress, it remains behind the abilities of Nvidia and ChipgingRies how remains Taiwan Semiconductor Manufacturing Co..

According to Louise Loo, senior economist in China at Oxford Economics, Louise Loo said, a reversal of the H20 export controls on Tuesday with CNBCs “The China Connection” would buy more time about Chinese manufacturers, as they are waiting for progress in the indigenous technology of China.

“We know from our conversations with customers and market participants that manufacturers in China prefer these Nvidia chips,” she added.