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After months of regulatory limbo on both sides, Nvidia's coveted AI chips are finally heading to Chinese buyers. Washington will be taking a 25 percent cut of every sale.

Nvidia has officially broken months of silence over its stalled push to re-enter China's AI chip market. At the company's annual GTC developer conference in San Jose, California, CEO Jensen Huang confirmed that both the US and China have cleared the path for H200 GPU sales, and that production lines are being switched back on.

"We have received purchase orders from many customers"

Huang told reporters at GTC, "We've been licensed for many customers in China for H200. We have received purchase orders from many customers, and we're in the process of restarting our manufacturing." He added that the situation was markedly different from just weeks ago. "That's new news for all of you, and it's different than it was two weeks ago or three weeks ago, but that's our condition today," Huang said.

The announcement marks a turning point for Nvidia, which had seen zero revenue from China's data centre market despite months of negotiations and regulatory approvals.