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.

American chipmaking giant Nvidia says it plans to resume sales to China of an artificial intelligence chip that’s become part of a global race pitting the world’s biggest economies against each other.

By Liam Mo, Anne Marie Roantree and Che Pan BEIJING/HONG KONG (Reuters) -Chinese firms are scrambling to buy Nvidia H20 artificial intelligence chips, two sources told Reuters, as the company said it plans to resume sales to the mainland days after its CEO met U.