US EditionNvidia’s CEO says it has US approval to sell its H20 AI computer chips in China
UNITED STATES, JUL 16 – Nvidia will resume H20 AI chip sales to China after U.S. approval following a $5.5 billion loss from the prior export ban, signaling easing trade tensions between the two countries.
- On July 14, Nvidia announced it will resume sales of its H20 AI chips to China after US licensing curbs halted exports.
- The exports were stopped earlier because the US government required export licenses amid concerns over Beijing's military use of advanced chips.
- Last week, Nvidia CEO Jensen Huang engaged with President Trump and government officials to obtain confirmation that the company can resume submitting license applications.
- Huang stated that the AI chip sector in China is valued at $50 billion, while Nvidia cautioned that export restrictions could result in up to an $8 billion revenue loss in the second quarter.
- Resuming sales signals easing US controls and may strengthen Nvidia’s position amid efforts to promote US-China trade cooperation in AI.
57 Articles
57 Articles
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Nvidia Cashes in on Looser Export Controls
The only way for the US to stay ahead of China in the Great AI Race? Keep selling AI-powering chips to China. That may sound like a 2025 Trade War take on the Vietnam War era’s famous “we need to destroy this village to save it,” but it’s something Nvidia CEO Jensen Huang seems to believe. And now, apparently, so does the White House, which agreed late Monday to remove certain export restrictions on chips from Nvidia (and industry peers) headed …
Nvidia wins as Trump retreats on China AI chip ban
Nvidia, the world’s most valuable company, received a political and commercial green light on July 15 that could be a game-changer for the global economy in more ways than one. The company secured Trump administration approval to resume selling advanced artificial intelligence (AI) chips — specifically the H20 — to Chinese firms, reversing previous export […] The post Nvidia wins as Trump retreats on China AI chip ban appeared first on Asia Time…
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