Nvidia announced it may soon resume sales of its H20 AI chips to China after the U.S. government indicated it would grant export licenses—a major boost for the company hit by prior export restrictions.

The H20 chips were originally designed to bypass earlier U.S. curbs.

The move follows Nvidia CEO Jensen Huang’s meeting with President Trump and growing U.S.-China trade cooperation.

Nvidia also unveiled a new compliant GPU, the RTX PRO, CNBC has reported.

Analysts say the resumed H20 shipments and new AI chips could drive future growth.

Nvidia shares rose 4.5% following the news.

Written by B.C. Begley