NVIDIA To Resume H20 AI Chip Sales To China
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In parallel, Nvidia confirmed it expects to resume sales of its H20 AI chips to China, following recent indications from the Trump administration that it would greenlight export licenses.
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.
The U.S. House Select Committee on China has expressed concerns about the Trump administration's decision to allow Nvidia ( NASDAQ: NVDA) to resume shipments of its H20 AI chips to China.