Nvidia says it will restart AI chip sales to China
Briefly

Nvidia will soon restart sales of its high-end AI chips, specifically the H20 chip, to China after receiving necessary licenses from the US government. This decision reverses a ban imposed in April over concerns regarding military use by China. The trade relationship between the US and China has been easing, with both governments negotiating over high tariffs. Jensen Huang, Nvidia's CEO, has been actively advocating for the resumption of sales, emphasizing the importance of the Chinese market to Nvidia's business strategy.
Nvidia will soon resume sales of its high-end AI chips to China after the US government assured the firm it will grant necessary export licenses.
The H20 chip was developed specifically for the Chinese market following export restrictions imposed by the Biden administration earlier this year.
Nvidia's chief executive Jensen Huang has lobbied both the US and Chinese governments for a resumption of H20 chip sales, highlighting China as a crucial market.
Trade tensions between Beijing and Washington have been easing, with both sides working toward a long-term deal on high tariffs recently imposed.
Read at www.bbc.com
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