Nvidia Resumes H20 AI Chip Sales to China After U.S. Approval
Nvidia has received approval from the U.S. government to resume sales of its H20 AI chip to Chinese customers, lifting restrictions that were previously imposed due to national security concerns. This decision, following a meeting between CEO Jensen Huang and President Trump, is seen as a strategic move to re-engage with a vital market.
The announcement has positively impacted stock prices not just for Nvidia, but also for AMD and Taiwan Semiconductor, reflecting a broader optimism in the technology sector. Nvidia's advanced chips are crucial as they cater to a significant demand in China, where a large portion of AI research is concentrated.
The company aims to recover from previous losses incurred due to halted sales, which cost them billions. The lifting of these restrictions signals a potential shift in U.S.-China tech relations, emphasizing the importance of competitiveness in the rapidly evolving AI landscape.
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