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 the U.S. government is allowing the Silicon Valley giant to sell its artificial intelligence chips to China, reversing course after banning the sales in April. The company said in a blog post Monday that it is filing applications to sell its H20 chips to China with the U.

US technology giant Nvidia says it will soon resume sales of its high-end artificial intelligence (AI) chips to China. The US government has assured the firm that it will grant the licenses needed to restart exports to the world's second largest economy, the company said in a blog post.