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It’s been a very busy week for Nvidia CEO Jensen Huang. After meeting with President Donald Trump and senior officials in Beijing in recent days, Huang has secured a major victory for his AI-chip empire.

The administration said Nvidia would be allowed to sell the H20 chip after licenses are granted by the Commerce Department, according to the company. Nvidia said it would resume deliveries soon of the chip, which was designed for Chinese customers and has been a top seller in the country since 2024.