Nvidia is back in China.In a stunning turn of events, the chip maker said it expects to soon be able to sell its H20 AI chip in the country.On Monday, Nvidia said the U.S. government has assured the company it will approve its license applications to sell the H20 to China.

Nvidia’s plan to resume H20 chip sales in China faces delays due to export license issues and supply chain constraints. Analysts expect minimal near-term impact, with stronger momentum likely in 2026.

Demand in China has begun surging for a business that, in theory, shouldn't exist: the repair of advanced Nvidia artificial intelligence chipsets that the U.S. has banned the export of to its trade and tech rival.