Nvidia founder and CEO Jensen Huang has been active on the government relations and lobbying front, and now he’s got something big to show for his efforts: the Trump Administration has agreed to lift a ban on selling Nvidia H20 AI chips to China.

Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for the company to resume sales of its AI chips to China after a surprise export ban in April.

Nvidia 's ( NVDA 0.37%) business has been going strong over the past few years thanks to its dominance in the global artificial intelligence (AI) chip market. The company designs the most powerful AI chips on the market,

Nvidia Corp. boss Jensen Huang lauded DeepSeek and China’s other contributions to AI research as he met with political and tech leaders in Beijing.

Nvidia stock hits record highs as U.S. export licenses unlock access to China’s $50B AI market. Click here to read an analysis of NVDA stock now.

The announcement comes after Nvidia's decision to resume sales of its H20 chip to China, which it had stopped earlier due to U.S. export rules. China's central role in the global advance of A.I., he said,

At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.

"Despite public reporting on semiconductor targeting from China-aligned threat actors, Proofpoint directly observed only sporadic targeting of this sector. Since March 2025, this shifted to sightings of multiple campaigns from different China-aligned groups specifically targeting this sector, with a particular emphasis on Taiwanese entities."