STORY: Nvidia is set to resume selling AI chips to China.
The company said in a statement that it's seeking permission from Washington for the move.
That comes days after boss Jensen Huang met with U.S. President Donald Trump.
Nvidia's AI chips have been a key focus of U.S. export controls, over concern they could be used by China's military.
The firm has said the curbs could cut its sales by $15 billion.
Now Huang is expected to hold a media briefing in Beijing on Wednesday (July 15) where he's attending a trade expo.
His visit will be closely watched by the U.S., where two lawmakers have asked him not to meet companies linked to defense or intelligence applications.
On Tuesday (July 14), he told state media in the country that it was crucial for American companies to establish roots in China.
Nvidia faces growing competition from Chinese tech rivals, including Huawei.
But firms in the country remain hungry for its AI chips.
Now the U.S. giant says it will develop a new model for the Chinese market, ensuring it is fully compliant with all U.S. export controls.
The move to resume sales comes after Washington and Beijing agreed a provisional trade truce.
However, it's unclear how long that will last, with China facing an August 12 deadline to reach a durable deal with the White House.
