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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.

Summary by Financial Times
US commerce secretary wants Chinese AI developers to ‘get addicted to the American technology

8 Articles

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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Financial Times broke the news in London, United Kingdom on Tuesday, July 15, 2025.
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