Nvidia Resumes China H20 Sales

Nvidia is set to resume sales of its H20 AI chips to China, following assurances from the US government that export licenses will be granted. This marks a shift from previous restrictions, including an April decision to block H20 chip sales to China without a US permit. The H20 chip was designed to comply with earlier export restrictions.

CEO Jensen Huang has stated the US government's assurance allows Nvidia to file licenses and begin shipping H20s. This development is viewed as a significant boost for Nvidia, enabling them to better compete in the Chinese market. The resumption of sales provides China's AI developers access to advanced chips for high-powered computing. Nvidia also plans to release a new RTX PRO GPU for the Chinese market.