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 announced the Trump administration has approved sales of AI chips to China, reversing an earlier ban. The company still needs government approval but expects to gain up to $15 billion from H20 sales this fiscal year,

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.