CEO Jensen Huang has reportedly revealed that the company is involved in discussions with the U.S. government regarding a potential new artificial intelligence chip for the Chinese market. According to a CNBC report,

Less than a week away from earnings, Nvidia continues to face concerns over the fate of its H20 chip sales to China, with a fresh report indicating potentially more trouble.

Jensen Huang, Nvidia’s chief executive, said he plans to ask the Trump administration’s permission to sell a more powerful chip to Chinese companies.