Official figures showed modest growth in the second quarter as exports shifted to other countries and Beijing invested in manufacturing and infrastructure.

The Chinese economy cooled in the second quarter, but growth was in line with expectations despite pressure from U.S. tariffs.

Nvidia NVDA.O said on Monday it will resume sales of its H20 artificial intelligence chip to China and has introduced a new model tailored to meet regulatory requirements in the Chinese market.

The news came in a company blog post late Monday and Huang also spoke about the coup on China’s state-run CGTN television network in remarks shown on X.

Nvidia Corp. and Advanced Micro Devices Inc. plan to resume sales of some AI chips in China after securing Washington’s assurances that such shipments would get approved, a dramatic reversal from the Trump administration’s earlier stance on measures designed to limit Beijing’s AI ambitions.