The chip designer halts production of the H20 AI chip that it developed for China, after Beijing told companies there not to buy it.

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.

Nvidia CEO Jensen Huang appeared to reference those reports in a visit to chip foundry partner Taiwan Semiconductor Manufacturing Company in Taipei on Friday. He told reporters that Nvidia has a sizable number of H20 chips ready to go once China purchase orders came through, according to Reuters.