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Nvidia’s CEO says it has US approval to sell its H20 AI computer chips in China

UNITED STATES, JUL 16 – Nvidia regains U.S. government approval to sell H20 AI chips to China, recovering billions in lost revenue and boosting key suppliers like Samsung, amid ongoing geopolitical tensions.

  • In a blog post on July 15, Nvidia announced that U.S. officials will grant licenses for its H20 GPU, ending the export freeze.
  • A license requirement by the U.S. Securities and Exchange Commission froze H20 shipments, the ban forced a $5.5 billion inventory write-off and prompted Jensen Huang’s lobbying.
  • Daniel Ives hailed the development as “a watershed moment for Nvidia, the AI Revolution thesis, and the overall US tech industry,” shares surged over 5% pre-market and Huang noted the Chinese AI chip market was worth $50 billion.
  • With export licenses expected, Nvidia anticipates a revenue boost in the second half of 2025.
  • The resumption comes amid easing rare-earth and software control tensions, and rival chipmakers AMD and Intel plan new offerings to meet Chinese AI demand.
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Seeking Alpha broke the news in United States on Wednesday, April 16, 2025.
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