Nvidia Eyes China H20 Licenses

Nvidia's CEO, Jensen Huang, anticipates receiving US licenses to export H20 AI chips to China soon. This move would allow the company to resume sales of this component in a key semiconductor market. The H20 is a modified version of Nvidia's advanced AI chips, designed to comply with US export controls. These controls restrict the export of the most powerful GPU models to Chinese customers.

China accounted for a significant portion of Nvidia's data centre revenue before the restrictions. Resuming H20 shipments could help Nvidia recover billions in sales. Chinese firms are eager to secure supplies of these chips, which remain the most capable models legally available in China.

This development follows a trade framework agreement between the US and China to ease export controls. The US government has assured Nvidia that licenses will be granted, and the company hopes to start deliveries soon.