Reported 1 day ago
The U.S. Commerce Department has begun issuing licenses to Nvidia, allowing the company to export its H20 chips to China, following a recent meeting between CEO Jensen Huang and former President Trump. This reversal of the earlier ban on H20 chip sales marks a significant development for Nvidia, which has tailored this microprocessor specifically for the Chinese market despite ongoing U.S. export restrictions on advanced AI chips. The H20 chip represents a key revenue source for Nvidia, which has warned that these restrictions could cost it billions in sales.
Source: YAHOO