NVIDIA CEO makes third visit to China this year
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Nvidia CEO Jensen Huang met with President Donald Trump and policymakers to talk about domestic AI infrastructure and the US's lead in AI.
Nvidia CEO Jensen Huang said the Trump administration is letting it sell its advanced H20 computer chips to China — a reversal in policy.
Responding to the US government's approval of Nvidia's sale of H20 chips to China, a Chinese Commerce Ministry (MOFCOM) spokesperson said on Friday that the US side should abandon zero-sum thinking and continue to lift a series of unreasonable trade restrictions against China.
Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales in the world's second-largest economy.
Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for the company to resume sales of its AI chips to China after a surprise export ban in April.
Nvidia said it will once again sell its H20 AI chips in China, after receiving assurances from the Trump administration.
Nvidia Corp. plans to resume sales of its H20 AI chip to China after securing Washington’s assurances that such shipments would get approved, a dramatic reversal from the Trump
Nvidia stock's surge looks poised to accelerate because investors' biggest concern about the company -- losing the Chinese data center AI chip market -- is now a non-issue.