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 selling H20 AI chips in China after the US government approved export licenses to end a prior halt.
- The resumption followed US licensing curbs imposed in April amid concerns the chips could enhance China's military abilities, closing the $50 billion AI chip market to US firms.
- Nvidia CEO Jensen Huang met President Trump and policymakers last week, reaffirming support for US AI leadership and filing applications to sell the compliant H20 chips soon.
- Nvidia’s stock rose over 7 points pre-market, and Huang highlighted the new fully compliant RTX PRO GPU as ideal for AI in smart factories and logistics.
- Restarting chip sales may help Nvidia recover from an estimated $8 billion revenue loss during restrictions and suggests improved US-China tech trade cooperation despite ongoing tensions.
122 Articles
122 Articles
Ottumwa Courier
Nvidia to resume sales of highly desired AI computer chips to China
Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used for artificial intelligence to China. The company shared the news in a blog post late Monday and…
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…
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