U.S. Reverses Nvidia AI Export Ban as China’s DeepSeek Closes AI Gap at Fraction of U.S. Costs

Why Hangzhou is China's AI hotspot

Hangzhou has already birthed tech powerhouses, not only Alibaba and DeepSeek but also NetEase and Hikvision. Read more at straitstimes.com.

U.S. Reverses Nvidia AI Export Ban as China’s DeepSeek Closes AI Gap at Fraction of U.S. Costs

Back in April, the U.S. government banned Nvidia’s H20 AI exports to China. As of July 15, the government has reversed its decision. The company is now legally allowed to file for export licenses. This change comes after the crucial London meeting between Chinese and U.S. officials, and following China’s easing of rare earth export controls, upholding their end of the bargain. This news caused Nvidia’s stock to surge 4%. Despite the good news fo…

US Resumes AI Chip Sales After China Eases Rare Earth Controls

Chip maker Nvidia is back selling American microchips to China after getting the go-ahead. Commerce Secretary Howard Lutnick explained how the move ties into broader U.S.–China trade and rare earth negotiations. Apple is sealing a $500 million deal to buy rare earth magnets from a Texas company. The measure is set to boost the supply of critical minerals for iPhones right here in the United States. The U.S. military is investing in rare earth mi…

Nvidia Will Soon Be Allowed to Resume Sales of AI Chips to China, CEO Says

Nvidia Will Soon Be Allowed to Resume Sales of AI Chips to China, CEO Says - Jensen Huang expects U.S. government to grant the company a license needed to ship the lower-end H20 chips to Chinese customers

Sharp China: Nvidia Can Sell H20 Chips to China Again; Trump Softening on China?; A Flurry of Xi Activity; Yang Hansen at NBA Summer League

Show Notes:On today's show Andrew and Bill begin with reports that Nvidia will soon be allowed to again sell its H20 chips in China. Topics include: A win-win deal for Nvidia and the PRC, whether this is the beginning of more rollbacks of existing chip controls as the PRC exerts leverage with rare earth export controls, and Jensen Huang emerging as a bridge between US and PRC leaders. From there: Reports that Trump may be softening his approach …

US HAS FAILED TO STOP CHINA’S🇨🇳 AI RISE...

Nvidia CEO Jensen Huang has complained about the multi-billion-dollar hit to his firm from the export controls. In the near term, the chipmaker is the clearest winner in a global AI race marked by who can amass the most amount of computing resources the quickest. By this measure, US restrictions have been successful in slowing China’s AI ascendancy, but they have failed to stop it.   Huang’s top concern seems to be whether his firm can stay in …