Nvidia CEO Jensen Huang appeared to reference those reports in a visit to chip foundry partner Taiwan Semiconductor Manufacturing Company in Taipei on Friday. He told reporters that Nvidia has a sizable number of H20 chips ready to go once China purchase orders came through, according to Reuters.

Nvidia CEO Jensen Huang says the company is discussing a potential new computer chip designed for China with the Trump administration.

NVIDIA CEO Jensen Huang has dismissed security concerns over the company’s H20 chips, saying they pose no national risk to China and that continued sales would benefit both sides. His remarks follow reports that NVIDIA has slowed development of the H20 after Beijing urged domestic firms to avoid the chip.