Nvidia will ramp up supply of Chinese-compliant H20 chips in the coming months and look to bring more advanced semiconductors to the world's second-largest technology market, Chief Executive Jensen Huang said at an event in Beijing.

Nvidia chief Jensen Huang said it would “accelerate the recovery” of its China sales, after a détente between Beijing and Washington allowed the leading AI chipmaker to resume shipments of a key processor specifically designed for the Chinese market.

Nvidia (NVDA) shares remain in focus on Wednesday after the chipmaker said the U.S. government has offered reassurances that it will soon be able to resume its business in China. In his press conference today in Beijing,