The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip later this year.

China's Commerce Minister Wang Wentao told Nvidia CEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would provide high-quality and reliable products and services to Chinese customers,

CEO Jensen Huang that Beijing wants top?quality, reliable AI products and services. Huang called the Chinese market very attractive and said Nvidia will deepen collaboration with local partners. Warning!

Jensen Huang, the chipmaker’s chief executive, is trying to balance his company’s interests as the United States and China compete for supremacy in artificial intelligence.

Jensen Huang extolled China’s technological advances and said President Trump wouldn’t mind his meetings in Beijing.

Behind closed doors with Trump. Center stage in Beijing. Nvidia (NVDA) just pulled off the tech pivot of the year.

Worth $4 trillion, it’s the most valuable company in the world.