Nvidia is seeking U.S. government approval to resume selling its H20 AI chips to China, following export restrictions due to national security concerns. This potential reversal is part of broader U.S.

Nvidia's planned resumption of sales of its H20 AI chips to China is part of U.S. negotiations on rare earths, Commerce Secretary Howard Lutnick said, and comes days after its CEO met President Trump.

AMD has confirmed it will restart shipments of its powerful MI308 AI chips to China, following a US government decision to allow license applications to proceed. The move mirrors a similar decision made for rival Nvidia,