NVIDIA To Resume China Chip Sales
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Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.
Key Points Nvidia CEO Jensen Huang says that the company will be granted the licenses required to export its H20 AI chips to Chinese customers.The company was losing a chunk of revenue because of the restrictions on the export of its chips to China.
Nvidia co-founder Jensen Huang should be praised for traveling to China this week in pursuit of expansion in what is a crucial market for all manner of blue-chip U.S. companies. A world that is economically interconnected is a much more peaceful one.
The White House has decided to allow Nvidia to sell its H20 chips to China. This could boost its market cap to near $5 trillion.
Nvidia CEO Jensen Huang will attend China's international supply chain expo this week and is expected to meet top Chinese officials, signaling the chipmaker's continued commitment to the Chinese market amid rising U.
Nvidia plans to resume H20 AI accelerator sales to China after receiving US government assurance, a shift from previous restrictions. CEO Jensen Huang