Nvidia is set to restart deliveries of its H20 AI chips to China after receiving assurances from the US government that shipments will be authorized. The company expressed hope to begin deliveries soon. Nvidia's announcement follows a meeting between CEO Jensen Huang and President Trump regarding US domestic AI infrastructure. Previously, the Trump administration mandated special licenses for chip sales to China, warning Nvidia of potential multibillion-dollar earnings impacts from these restrictions. The current development signifies a notable shift from the Trump administration's former stance on chip exports to China.
Nvidia plans to resume deliveries of H20 AI chips to China, having received assurances from the US government for approved shipments. This move marks a significant shift from previous restrictions.
The announcement follows Nvidia CEO Jensen Huang's meeting with President Trump and policy makers about domestic AI infrastructure, emphasizing Nvidia's commitment to working with China.
Collection
[
|
...
]