Nvidia has told its Chinese customers it has limited supplies of H20 chips, the most powerful AI chip it had been allowed to sell to China under U.S. export restrictions, and that it doesn't plan to restart production,

Key Points Nvidia, recently blocked from selling chips to China, is set to reclaim its market position there.The artificial intelligence (AI) chip giant says it aims to resume deliveries there “soon.” 10 stocks we like better than Nvidia › Nvidia's (NASDAQ: NVDA) business has been going strong over the past few years thanks to its dominance in the

At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.

Nvidia 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.

Nvidia stock rose on Friday after CEO Jensen Huang met with Chinese Commerce Minister Wang Wentao Thursday, in a sign it might deepen ties with China.