Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving it a 15% cut of the sales.

Nvidia is apparently putting together a new AI chip meant for sale in China that's half as powerful as its flagship B300 Blackwell GPU. The new chip would be more powerful than the H20 GPUs the company is currently allowed to sell in the country.

Nvidia is developing a new Blackwell-based AI chip for China, expected to outperform the H20 amid export curbs, security concerns, and intensifying U.S.-China tech tensions.