However, Huang's extensive lobbying paid off. Nvidia agreed to a 15% revenue-sharing agreement with the U.S. government, which allowed the company to resume sales of the H20 chip to China. While the deal could weigh on Nvidia's margins, it marks the continuation of a potentially lucrative opportunity, but there's more good news.

NVIDIA CEO Jensen Huang confirms that it has already taped out six different Rubin chips with TSMC, being prepped for trial production right now.

CEO Jensen Huang praised Taiwan Semiconductor Manufacturing Co. (NYSE: TSMC) and suggested that investing in the company would be a wise move.

Nvidia CEO Jensen Huang touched down in Taipei on Friday to meet with Taiwan Semiconductor Manufacturing Company (TSMC), the key builder behind the company’s most advanced chips. The visit was brief but timed right before Nvidia’s upcoming earnings report next Wednesday.

CEO Jensen Huang praised Taiwan Semiconductor Manufacturing Co. (TSMC) ($TSM) during a recent visit to Taiwan, calling it one of

Jensen Huang discusses AI chip sales, US approval for Nvidias H20 chip to China, and the implications for AI technology.

Nvidia CEO Jensen Huang stated that AI will progress regardless of US support, referencing the Trump administration's approval for Nvidia to sell a key AI chip to China.

Nvidia CEO Jensen Huang teased a robotics announcement framed as giving robots a "new brain," with details expected Aug. 25 after the company wrapped up a week celebrating 2 million developers and showcasing AI-powered robotics innovations.