The California-based firm produces some of the world's most advanced semiconductors but is not allowed to ship its most cutting-edge chips to China owing to concerns that Beijing could use them to boost its military capabilities.

It developed the H20 -- a less powerful version of its AI processing units -- specifically for export to China, although that plan hit the skids when the Trump administration firmed up export licence requirements in April.

The company said in a statement on Tuesday that it was "filing applications to sell the Nvidia H20 GPU again".

"The US government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," the statement said.

Nvidia CEO Jensen Huang said in a video published by Chinese state broadcaster CCTV on Tuesday "the US government has approved for us (to file) licences to start shipping H20s, and so we will start to sell H20s to the Chinese market".

"I'm looking forward to shipping H20s very soon, and so I'm very happy with that very, very good news," Huang, wearing his trademark black leather jacket, told a group of reporters.

CCTV said in a separate report that Huang would attend a major supply chain gathering on Wednesday.

The Taiwan-born executive "will be present at the opening ceremony of the 3rd China International Supply Chain Expo on July 16 and will participate in related activities", the broadcaster said.

It cited the China Council for the Promotion of International Trade, an official body controlled by Beijing's commerce ministry.

It will be Huang's third trip to China this year, according to CCTV.

AzVision.az

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