Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late on Monday and Huang also spoke about the coup on China’s state-run CGTN television network in remarks shown on X.

“The US of the world’s AI researchers are in China. It’s so innovative and dynamic here in China that it’s really important that American companies are able to compete and serve the market here in China,” he said. Huang recently met with Trump and other US policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials.

The broadcast showed Huang meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from adoption of AI, becoming the first company to have its market value surpass $4 trillion last week. However, the trade rivalry between the US and China has been weighing heavily on the industry.