See every side of every news story
Published loading...Updated

US licenses Nvidia to export chips to China, official says

UNITED STATES, AUG 9 – The US Commerce Department reversed last month’s ban, enabling Nvidia to access China’s semiconductor market which accounted for 12.5% of its revenue last quarter, company data shows.

  • The US Commerce Department began issuing licences for Nvidia’s H20 chips to China, a US official told Reuters on Friday .
  • Nvidia tailored the H20 chip for the Chinese market to comply with Biden-era AI export controls, after prior curbs threatened to cut $8 billion from its July quarter.
  • The H20 generated $4.6 billion in first-quarter revenue with China accounting for 12.5, and Nvidia expected a $5.5 billion charge but saved $1 billion through material reuse.
  • Despite H20 licences, exports of Nvidia’s other advanced AI chips to China remain restricted under successive US administrations’ curbs, a US official told Reuters.
  • A US official told Reuters that successively US administrations have aimed to stymie Beijing’s AI and defence development, with Nvidia’s leadership warning of slipping without China sales.
Insights by Ground AI
Does this summary seem wrong?

28 Articles

Lean Right

The Department of Commerce has started issuing in Nvidia the necessary licenses to export its H20 chips to China. The Financial Times reports this, stressing that the issue follows...

·Milan, Italy
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources are Center
60% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Mighty 790 KFGO broke the news in on Friday, August 8, 2025.
Sources are mostly out of (0)