This may be a “concession” from the Silicon Valley firm to get the White House to loosen further AI regulations, one analyst speculated.

President Donald Trump’s administration has barred Nvidia Corp. from selling its H20 chip to China, an escalation of Washington’s tech battle with Beijing that will cost the company billions of dollars and hamstring a product line it explicitly designed to comply with previous US curbs.

Led by Jensen Huang, dubbed the 'Taylor Swift of tech', the chip giant has become pivotal in the race for AI supremacy.