NVIDIA to boost H20 chip sales to China
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At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.
Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used for artificial intelligence to China.
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,
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American chipmaking giant Nvidia says it plans to resume sales to China of an artificial intelligence chip that’s become part of a global race pitting the world’s biggest economies against each other.
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David Sacks said this would "deprive Huawei of basically having this giant market share in China."
Gil Luria from D.A. Davidson discusses the national security concerns around the report that U.S. officials are delaying a deal for the UAE's purchase of Nvidia AI chips.
Commerce secretary Howard Lutnick said the US’s reversal of restrictions on sales of chips to China followed recent trade negotiations with Beijing over rare earths. President Donald Trump curbed exports of Nvidia’s H2O artificial intelligence chips to China in April as part of an escalation of his trade war with Beijing.