NVIDIA To Resume H20 AI Chip Sales To China
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Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
Nvidia CEO Jensen Huang praised China’s open-source AI innovation during a fireside chat at the China International Supply Chain Expo, according to SCMP. Jensen Huang called open source “extremely powerful” and praised China’s ecosystem for producing the world’s best open-reasoning models,
Nvidia Corp. planea reanudar las ventas de su chip H20 de inteligencia artificial en China, tras obtener garantías de Washington de que dichos envíos serán aprobados. Esto representa un giro radical respecto a la postura anterior del gobierno de Trump sobre limitar las ambiciones de Pekín.
Nvidia stock hits record highs as U.S. export licenses unlock access to China’s $50B AI market. Click here to read an analysis of NVDA stock now.
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.
Nvidia stock surged 4.47% in pre-market trading after the U.S. government cleared the company to resume H20 AI chip exports to China. This greenlight could recover billions in lost revenue after Nvidia took a $4.