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 CEO Jensen Huang's visit to Beijing involved praising China's tech and EVs, even calling them world-class. This occurred after the U.S. relaxed AI chip sale rules as part of a trade agreement.

Nvidia's CEO, Jensen Huang, predicts that artificial intelligence (AI) will significantly alter or even replace every person's job, despite current worker productivity concerns.

Wearing his iconic leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel earlier than scheduled and took multiple questions.

The US government is reportedly considering loosening export restrictions, which could allow the tech giants to resume sales of some lower-end AI chips to China. This policy shift comes after April's export ban blocked chips such as Nvidia’s H20 AI accelerator and AMD's MI308.

President Donald Trump’s administration has barred Nvidia Corp. from selling its H20 chip in 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.