Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used for artificial intelligence to China.

Nvidia said it plans to resume sales of its best-selling H20 AI chip to China, days after CEO Jensen Huang met with President Donald Trump.

After the U.S. government grants export permits, Nvidia CEO Jensen Huang expects that sales of H20 AI chips will resume in China, opening the door for a possible Nvidia rally as trade restrictions lighten.