Nvidia said it will once again sell its H20 AI chips in China, after receiving assurances from the Trump administration.

The move represents a major change, given that H20 chip sales to China without a US permit were blocked in April.

Nvidia is back in China.In a stunning turn of events, the chip maker said it expects to soon be able to sell its H20 AI chip in the country.On Monday, Nvidia said the U.S. government has assured the company it will approve its license applications to sell the H20 to China.