Commerce Secretary Howard Lutnick explained the Trump administration's turnabout in assuring Nvidia that it [can sell its H20 artificial-intelligence chip](

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.

Commerce Secretary Howard Lutnick explained why the Trump administration reversed course on allowing Nvidia to sell its artificial intelligence chips to China. Lutnick said that the strategy is to sell Chinese companies enough AI chips so that they "get addicted" to American technology.

For Chief Digital, Technology, Information Officers and all enterprise and government leaders, the pivotal question isn't if Artificial Intelligence (AI) will redefine your organisation, but how swiftly you can adapt to lead this transformation.

Nvidia plans to resume H20 AI accelerator sales to China after receiving US government assurance, a shift from previous restrictions. CEO Jensen Huang

It is worth noting that Nvidia has been running away with the data center GPU market, with an estimated market share of 92% at the end of last year. That's miles ahead of second-place Advanced Micro Devices ' ( AMD -0.44%) share of just 4%. However, it won't be surprising to see AMD taking market share away from Nvidia thanks to its upcoming chips.