Howard Lutnick says easing of Nvidia’s AI chip exports linked to China deal
UNITED STATES, JUL 15 – Nvidia resumes H20 AI chip sales to China tied to rare earth trade talks, with China controlling 85% of global rare earth processing, reshaping US-China tech relations.
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Nvidia's resumption of AI chips to China is part of rare earths talks, says US
WASHINGTON: Nvidia's planned resumption of sales of its H20 AI chips to China is part of US negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday (Jul 15), and comes days after its CE
US lifts Nvidia AI chip export ban to China in rare earth trade deal
Nvidia to resume sales of AI chips to China as US ties semiconductor exports to rare earth materials access in broader trade negotiations. AMD also cleared to export MI308 processors following Commerce Department assurances, marking a significant shift in tech export policy The dramatic reversal of Nvidia’s AI chip export restrictions against China signals a fundamental shift in US technology trade policy, revealing how both superpowers have wea…
According to Statista, Nvidia’s shares have grown more than 1,000 percent since January 2023. The company has exceeded $4 trillion in stock capitalization, becoming the most valuable in the world. China represents about 20 to 25 percent of Nvidia’s global revenue from data center sales, so recovering this channel is strategic for its growth. NVIDIA Photo: Courtesy At a time when it confirms its absolute dominance in the technology industry, Nvid…
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