• The Trump administration is fine with Nvidia selling chips in China.
• Commerce Secretary Howard Lutnick says the best chips will stay within the US.
• Nvidia announced that it has received assurances it can resume selling its H20 chip in China.

The Trump White House says it's content to allow Nvidia to tap into the lucrative Chinese market.

"We don't sell them our best stuff, not our second best stuff, not even our third best," Commerce Secretary Howard Lutnick said on CNBC Tuesday afternoon. "I think fourth best is where we have come out that we're cool."

Nvidia announced on Monday that the Trump administration has signaled it will allow the company to sell its China-specific H20 chip once more. The news sent shares of the world's most valuable company, which eclipsed $4 trillion in market cap last week, even higher.

Nvidia's H20 was designed to be technologically inferior. As Lutnick said, the company also sells three other chips that far surpass the H20's power. Nvidia is already preparing its transition from Blackwell (its most powerful chip) to Blackwell Ultra and has plans for its next superchip, "Vera Rubin."

CEO Jensen Huang has pushed to sell the company's prized chips to China. Before the news, Nvidia said it had lost $8 billion on unshipped orders. The announcement came after Huang met with President Donald Trump at the White House last week.

Lutnick said that the administration shares Huang's view that cutting China off completely from the chips needed to power artificial intelligence advancements won't starve China's AI industry.

"So the idea is the Chinese are more than capable of building their own, right? So you want to keep one step ahead of what they can build so they keep buying our chips, because, remember, developers are the key to technology," Lutnick said.

In the end, Lutnick said, it's better if China becomes reliant on the US for chips.

"So you want to sell the Chinese enough that their developers get addicted to the American technology stack," he said. And that's the thinking. Donald Trump is on it."

• Nvidia's stock has been on a tear lately — but some people still don't know how to pronounce the company's name.
• While some pronounce it "NUH-vid-ee-uh," the correct pronunciation is "en-VID-ee-uh."
• Nvidia's name, inspired by the Latin word "invidia," reflects its founders' hope to evoke envy.

You might hear people mentioning Nvidia more this week. The stock is trading at an all-time high. It's officially the most valuable company in the world. But are people pronouncing it correctly?

Despite the company dominating headlines and being at the forefront of many conversations around AI, some people still don't know how to pronounce its name.

Luckily, Nvidia cleared the confusion on its website and explained the proper pronunciation. We're sorry to tell you, but if you're one of the people calling the tech giant "NUH-vid-ee-uh," you've been saying it wrong.

The proper pronunciation of Nvidia is "en-VID-ee-uh," according to the company.

Founded by CEO Jensen Huang, Chris Malachowsky, and Curtis Priem in 1993, the chipmaker's name actually came from its lack of a name, Fortune previously reported. While the trio focused on developing the company, they put its title on the back burner and named files "NV" as an abbreviation for the "next version."

The three eventually decided on NVision before realizing the name was taken by a toilet-paper manufacturing company, The New Yorker reported. Finally, Huang suggested the chipmaker's current name, a spinoff of the word "invidia," which means envy in Latin, the report said.

Huang and the founders had dreams of creating a product that would make rivals "green with envy," Nvidia cofounder Priem said. Given Nvidia has a nearly $3.9 trillion market cap and a long line of tech giants and startups angling for its latest AI chips, it seems as if that vision has come to fruition.

To celebrate Nvidia's stock price hitting $100 years ago, Huang got the company's logo tattooed on his arm — an experience he later said "hurts way more than anybody tells you."

Check out the video below to hear Huang pronounce the name at Nvidia's 2024 keynote.

• Jensen Huang said people programming AI is similar to the way "you program a person."
• Speaking at London Tech Week, the Nvidia CEO said all anyone had to do to program AI was "just ask nicely."
• He called AI "the great equalizer, " allowing anyone to program computers using plain language.

Nvidia CEO Jensen Huang has said that programming AI is similar to "the way you program a person" — and that "human" is the new coders' language.

"The thing that's really, really quite amazing is the way you program an AI is like the way you program a person," Huang told London Tech Week on Monday.

Huang shared an example, saying, "You say, 'You are an incredible poet. You are deeply steeped in Shakespeare, and I would like you to write a poem to describe today's keynote.' Without very much effort, this AI would help you generate such a wonderful poem.

"And when it answers, you could say, 'I feel like you could do even better.' And it will go off and think about it and it will come back and say, 'In fact, I can do better.' And it does do a better job."

Huang said that in the past, "technology was hard to use" and that to access computer science, "we had to learn programming languages, architect systems, and design very complicated computers.

"But now, all of a sudden, there's a new programming language. This new programming language is called human."

"Most people don't know C++, very few people know Python, and everybody, as you know, knows human."

Huang called AI "the great equalizer" for making technology accessible to everyone and called the shift "transformative.

"This way of interacting with computers, I think, is something that almost anybody can do," he said.

"The way you program a computer today is to ask the computer to do something for you, even write a program, generate images, write a poem — just ask it nicely," Huang added.

At the World Government Summit in Dubai last year, Huang suggested the tech sector should focus less on coding and more on using AI as a tool across fields like farming, biology, and education.

"It is our job to create computing technology such that nobody has to program. And that the programming language is human, everybody in the world is now a programmer. This is the miracle of artificial intelligence," Huang said at the time.