NVIDIA CEO Praises China’s Open Source AI
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NVIDIA to boost H20 chip sales to China
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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.
Nvidia CEO Jensen Huang said the Trump administration is letting it sell its advanced H20 computer chips to China — a reversal in policy.
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24/7 Wall St. on MSNU.S. Reverses Nvidia AI Export Ban as China’s DeepSeek Closes AI Gap at Fraction of U.S. CostsBack in April, the U.S. government banned Nvidia’s H20 AI exports to China. As of July 15, the government has reversed its decision. The company is now legally allowed to file for export licenses. This change comes after the crucial London meeting between Chinese and U.
Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to find a local alternative that is as good as the U.S. company’s chips.