Nvidia Chief Executive Officer Jensen Huang said in Beijing that the U.S. government’s decision to allow exports of the company’s H20 artificial-intelligence processor to China was made by Washington and Beijing, not by corporate lobbying. “We can only inform governments and provide facts,” Huang told reporters, adding that his own meetings with President Donald Trump were part of routine industry consultations. The Commerce Department’s reversal ends a three-month ban imposed in April on the H20, a chip tailored to comply with U.S. export rules. Nvidia had warned that the curb could erase about $5.5 billion in sales and subsequently took a $4.5 billion write-down on unsold inventory. Huang said the company expects to recover some of those losses but cautioned that ramping production will take time once new orders arrive. He touted the H20’s high-bandwidth memory as a good fit for AI models under development at Chinese firms such as Alibaba and DeepSeek. Huang’s trip coincided with a broader effort to maintain Nvidia’s foothold in the world’s second-largest chip market. At the RISC-V Summit in Shanghai, the company said it is porting its CUDA software platform to the open-source RISC-V architecture, a key plank in China’s push for semiconductor self-sufficiency. Huang also offered praise for Huawei’s smartphones and chip designs, framing the Chinese company as a respected competitor rather than an adversary.