According to the company, the United States has assured Nvidia that it will receive the necessary export licenses soon. Nvidia had previously projected a $15 billion revenue loss

Nvidia will ramp up supply of Chinese-compliant H20 chips in the coming months and look to bring more advanced semiconductors to the world's second-largest technology market, Chief Executive Jensen Huang said at an event in Beijing.

Nvidia CEO Jensen Huang is making a bold play to strengthen the chipmaker’s presence in China, just days after the US government greenlit a limited return to the market. Speaking at the China International Supply Chain Expo in Beijing,