NVIDIA's H20 AI GPUs are once again allowed to be sold in China following a reversal of restrictions by the Trump administration, and NVIDIA's CEO claims it wasn't he who changed the US President's mind.

David Sacks said this would "deprive Huawei of basically having this giant market share in China."

Boss Jensen Huang is heading to China where the company’s pared-back AI processors will be in hot demand. But the US president could easily kill this business forecast to make $50 bln in sales, and hand its local rival an edge,

Wearing his iconic leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel earlier than scheduled and took multiple questions.

As Nvidia says it will resume sales of a less powerful AI semiconductor model to China, here is a run-down of the microchip conflict

The head of a House of Representatives panel on China told U.S. Commerce Secretary Howard Lutnick that resuming sales of Nvidia's H20 chips to China threatens to advance Beijing's AI capability, stepping up his criticism of the decision and saying the original ban was "the right call.

Nvidia 's ( NVDA 0.37%) business has been going strong over the past few years thanks to its dominance in the global artificial intelligence (AI) chip market. The company designs the most powerful AI chips on the market,

Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for the company to resume sales of its AI chips to China after a surprise export ban in April.

Nvidia: H20 export reinstated, bolstering the $200 by this year-end bull case and reviving the China growth story.

Jensen Huang, the chipmaker’s chief executive, is trying to balance his company’s interests as the United States and China compete for supremacy in artificial intelligence.

CNBC’s Deirdre Bosa joins 'Money Movers' to discuss the impact of Nvidia's return to China with H20 chips.