After months of high-stakes diplomacy and a personal plea to the president, the AI giant has secured a crucial license to sell its specialized chips in China.
It’s a major victory for the world’s most valuable company in the ongoing tech war. The Trump administration has reportedly granted Nvidia a license to resume selling its specialized AI chips to the lucrative Chinese market, a decision that follows months of high-stakes lobbying and direct appeals to the White House by CEO Jensen Huang.
The move is a massive financial relief for the AI giant. It allows Nvidia to avoid a projected $8 billion revenue shortfall for the fiscal year and re-enter a market that Huang himself estimates will be worth $50 billion in the coming years.
According to the Financial Times, the breakthrough came after Huang’s visit to the White House on August 6 to meet with President Donald Trump. Just two days later, the Commerce Department, which oversees export controls, reportedly issued the first licenses for Nvidia to sell its H2O chips in China.The High-Stakes Background
This decision is the latest chapter in the ongoing U.S.-China tech war. The core issue is the fear that advanced American technology could be used by Beijing to develop sophisticated military AI.
