US EditionNvidia’s CEO says it has US approval to sell its H20 AI computer chips in China
UNITED STATES, JUL 15 – Nvidia will resume sales of its H20 AI chips to China after export restrictions cost $5.5 billion, reflecting eased US-China trade tensions and ongoing strategic market importance.
- On July 14, Nvidia announced it will resume sales of its H20 AI chips to China after US licensing restrictions were lifted.
- The resumption follows April US export rules requiring licenses for previously approved H20 chip sales due to security concerns.
- Nvidia CEO Jensen Huang met President Trump recently and filed applications to restart shipments, highlighting China’s $50 billion AI chip market.
- Huang said the H20 chips are compliant and expressed eagerness to start deliveries soon, while Nvidia’s stock rose over 7 points in pre-market trading.
- The approval suggests easing of US-China tech tensions, potentially benefiting Nvidia amid growing AI demand and reinforcing America’s leadership in AI chips.
148 Articles
148 Articles
Nvidia received Washington's permission to start sending H20 chips to China. The President's visit to Pequim takes place at a time when the company tries to preserve its presence in this market.
In an interesting twist for the technology industry, Jensen Huang, CEO of Nvidia, has announced that the company has received green light from the Trump administration to sell its advanced H20 artificial intelligence chips to China.This development marks a significant step for the company, which had faced regulatory obstacles in previous months.According to the original report, Huang shared this news on Nvidia's blog last Monday night. Jensen Hu…
Companies in China will regain access to certain computer chips from the world's largest chip designer, the American company Nvidia. The US government blocked the sale of H20 computer chips for months, but according to the company, the US has now allowed Nvidia to sell the chips in China. Nvidia developed the H20 chips specifically for the Chinese market. The company did this because the US government had already banned Nvidia from exporting mor…
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