Nvidia will resume sales of its AI chips to China after receiving assurances from the US government that export licenses will be approved. The decision follows CEO Jensen Huang's White House meeting and comes after months of halted sales due to US export controls. Nvidia anticipates significant revenue gains, having previously estimated billions in lost revenue due to the restrictions. AMD also plans to restart AI chip sales to China. The move is part of ongoing US-China trade negotiations.

Prepared by Jonathan Pierce and reviewed by editorial team.