By Jarrett Renshaw and Karen Freifeld WASHINGTON/BEIJING/HONG KONG (Reuters) -Nvidia's planned resumption of sales of its H20 AI chips to China is part of U.S. negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday,

Nvidia’s U.S. approval to resume H20 chip sales to China unlocks billions in potential revenue, boosting its stock and AI market dominance. The new RTX PRO GPU complements this strategy, while easing U.S.-China tensions signal growth opportunities, despite national security concerns, positioning Nvidia for a transformative future.

A Bloomberg analysis of documents and company filings show how China is building giant data centers in the desert to fuel its AI ambitions — and looking to buy 115,000 banned Nvidia chips to power them.