Days after a White House meeting with President Donald Trump, Jensen Huang was being hailed by an audience on a stage in Beijing.

Chinese President Xi Jinping has bluntly questioned a nationwide rush of investment into the AI and EV industries. As deflation anxiety grows and Trump’s trade war with China ramps up, the world’s second largest economy is turning to fast-growth tech industries to remain competitive.

Nvidia founder and CEO Jensen Huang has been active on the government relations and lobbying front, and now he’s got something big to show for his efforts: the Trump Administration has agreed to lift a ban on selling Nvidia H20 AI chips to China.

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 CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba and Tencent as "world class" and said AI was "revolutionising" supply chains, at an exhibition in Beijing on Wednesday.

Nvidia plans to increase the supply of its H20 chips to China, aiming to strengthen its position in the lucrative Chinese technology market. This move follows the lifting of an export ban and comes as Nvidia navigates US-China trade tensions.

Subscribe to TheStreet's free daily newsletter 💰💵 Yet, there were a few moments when the momentum seemed to slip, as if something major had stalled. However, a seismic breakthrough may have repositioned Nvidia to be the center of AI and the one defining its future.