Despite the U.S. softening on chip export controls — which Beijing has long opposed — Nvidia is being welcomed back under increased distrust and scrutiny.

One dismayed Democratic lawmaker said the move signals to China “that American national security principles are negotiable for the right fee."

Despite the U.S. softening on chip export controls — which Beijing has long opposed — Nvidia is being welcomed back under increased distrust and scrutiny.

The world’s most valuable company by market cap finds itself in the centre of trade negotiations between Beijing and Washington.