CNBC’s Deirdre Bosa joins 'Money Movers' to discuss Nvidia's win over China users and CEO Jensen Huang's Trump playbook.

Nvidia chief executive Jensen Huang says President Donald Trump's effort to "re-industrialize" technology manufacturing is "exactly the right thing," a "smart move" that will end the nation's "sole dependency" on overseas suppliers.

Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.

Nvidia has been grappling with export controls on its AI chips implemented by the Trump administration in April for national security reasons.

Wearing his iconic leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel earlier than scheduled and took multiple questions.

But Nvidia now says that Trump, having met personally with Huang, is promising to issue those licenses, which would enable Chinese AI companies to greatly accelerate model development and infrastructure buildout. And even though the H100 chips are officially still supposed to be off-limits, China may be able to get its hands on them as well.

VCG. NVidia CEO Jensen Huang, who is attending the 3rd China International Supply Chain Expo, said on Tuesday that the Chinese market is very large

Nvidia CEO Jensen Huang said on Wednesday his firm was "doing our best" to serve China's vast market for semiconductors after meeting Beijing officials.