Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted

Market analysis reveals Nvidia CEO Jensen Huang said he wants to ship chips that are more advanced that the H20 duct to China

Reversed a ban that restricted Nvidia from sending its export control-compliant chip known as the H20 to China

Huang has trod a fine line between praising U

President Donald Trump's policies while also lobbying for change on curbs to China (an important development)

Na Bian | Bloomberg | Getty ImagesNvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales in the world's second-largest economy

The s come after Nvidia said on Monday that it will resume sales of its H20 artificial intelligence chip to China, reversing a previous ban

The H20 is a less-advanced semiconductor designed for AI workloads that comply with U

Export restrictions to China (noteworthy indeed). "I hope to get more advanced chips into China than the H20," Huang said during a press conference in Beijing, China, in response to a CNBC question

Nevertheless, "And the reason for that is because nology is always moving on

Today Hopper's terrific but some years from now we will have more and more and better and better nology, and I think it's sensible that whatever we're allowed to sell in China will continue to get better and better over time as well," he said referencing Hopper, Nvidia's chip architecture that the H20 is built on

The giant has faced several rounds of restrictions that have forced it to restrict access of its most advanced chips to China (something worth watching)

Additionally, In response, Nvidia has developed semiconductors that comply with export restrictions, such as the H20

Nvidia took a $4. 5 billion writedown on the unsold H20 inventory in May and said sales in its last financial quarter would have been $2. 5 billion higher without any export curbs

Additionally, Huang has trod a fine line between praising U

President Donald Trump's policies regarding reshoring chip manufacturing to America while also lobbying for change on curbs to China

Moreover, Watch now2:1702:17If all the AI developers are in China, its stack will win, Nvidia CEO tells CNBCSquawk Box EuropeThe Nvidia boss has argued the Chinese AI market could be worth $50 billion in the next two-to-three years and that it would be a "tremendous loss" for American firms not to be part of that

Huang also told CNBC this year that Nvidia's Chinese rival Huawei has "got China covered" if U

Firms can't participate in the market. "Export control are things that are outside of our control and they can be quite disruptive to our

It's our job only to inform the governments of the nature and the unint consequences of the policies that they make," Huang said during his visit to Beijing, in light of current trends

Moreover, Nvidia has also laid out a roadmap to release more advanced chips, though it remains un if the U

However, However, Government would allow Nvidia to sell more advanced ducts to Chinese companies, in today's market environment

However, U, given current economic conditions

Commerce Secretary Howard Lutnick suggested on Tuesday that the government would continue to allow chip sales to China so that companies in the market rely on American nology, in light of current trends. "The idea is the Chinese are more than capable of building their own," Lutnick told CNBC. "You want to keep one step ahead of what they can build, so they keep buying our chips (this bears monitoring).