China, NVIDIA
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Cryptopolitan on MSNNvidia wins US approval to resume H20 chip sales in ChinaThat message appears to have resonated in Washington. Nvidia confirmed last week that it had received US government approval to resume H20 sales to China. While Nvidia is poised to benefit financially, US officials say the move also serves national interests.
The Register on MSN10d
Nvidia to resume sales to China – with Trump administration approvalLago has paid off in the form of permission to sell the H20 and a new RTX Pro GPU Nvidia has announced the US government will allow it to resume sales of its GPUs to Chinese customers.… The US prohibits exports of advanced semiconductors to China,
Jim Cramer believes that Nvidia Corp. (NASDAQ:NVDA) is poised to get a significant boost with the U.S. government assuring licenses for the sale of its H20 chips or general processing units to China,
Sources say firms are rushing to buy Nvidia's H20 AI chips, as the company said it planned to resume sales to China.
Nvidia will ramp up supply of Chinese-compliant H20 chips in the coming months and look to bring more advanced semiconductors to the world's second-largest technology market, Chief Executive Jensen Huang said at an event in Beijing.