This may be a “concession” from the Silicon Valley firm to get the White House to loosen further AI regulations, one analyst speculated.

President Donald Trump’s administration has barred Nvidia Corp. from selling its H20 chip in China, an escalation of Washington’s tech battle with Beijing that will cost the company billions of dollars and hamstring a product line it explicitly designed to comply with previous US curbs.

Nvidia is still moving forward despite this setback and recently, it announced that it is planning to build up to $500 billion worth of AI server infrastructure in the US over the next four years.