The tech giant could recoup billions of dollars. The Chinese are also happy.

The shift in the US administration's attitude was announced by Nvidia founder and CEO Jensen Huang , who met with US President Donald Trump and US policymakers in the US this month and with representatives of the Chinese government and industry in Beijing. Huang also announced the new, fully compliant NVIDIA RTX PRO GPU , which is "ideal for AI digital twins in smart factories and logistics."

Bloomberg, reporting on the matter, states that the move could boost Nvidia's revenue this year by billions of dollars , restoring its ability to fulfill orders that were written off due to government restrictions (the value of lost revenue was estimated at $15 billion).

He also points out that the company has already designed a less advanced chip to comply with the trade restrictions on China tightened in April by the Donald Trump administration.

Reuters claims that Chinese companies are frantically trying to place orders for the chips , which Nvidia will then have to submit to the US government for approval, and that a key element of this process is a "white list" prepared by the chipmaker, on which potential interested parties from the Middle Kingdom can register to make potential purchases (both Nvidia and the Chinese companies asked about the matter do not comment on this thread).

AMD (Advanced Micro Devices Inc.) also received the green light from Washington , planning to resume deliveries of its MI308 chips to China after its sales license is approved. Investors reacted very positively to these announcements, with shares of both companies immediately rising several percent.

Access to rare earth elements in exchange for access to technology. "It was a negotiating chip."

Bloomberg recalls that in recent weeks, Washington has lifted a number of export controls - including those on chip design software - imposed ahead of the June trade talks between the US and China in London.

As US Treasury Secretary Scott Bessent admitted a few days ago, the topic of restrictions on Nvidia's H20 chips came up during the aforementioned talks in London (although Trump's team insisted that this issue was not on the table).

"You could say it was a negotiating chip we used in Geneva and London. It was all part of the mosaic. They had what we wanted, we had what they wanted, " Bessent said in an interview with Bloomberg Television ( the Wall Street Journal had already reported that this was supposed to be the American "ace in the hole" during the talks in London ), referring to the results of those negotiations, which resulted in China agreeing to temporarily reinstate rare earth metals export licenses for American companies.