Trump administration backs off Nvidia's 'H20' chip crackdown after Mar-a-Lago dinner

Nvidia CEO Jensen Huang delivers the keynote address at the annual Nvidia GTC conference in San Jose, Calif. last month.

The White House was expected to ban sales of the high-performance AI chip to China. Chinese companies had been stockpiling the chip but now the Trump administration is backing off.

(Image credit: Justin Sullivan)