Nvidia Set to Resume AI Chip Sales to China Amid Regulatory Shifts

Chinese firms rush for Nvidia chips as US prepares to lift ban

Chinese firms have begun rushing to order Nvidia's H20 AI chips as the company plans to resume sales to mainland China, Reuters reports. The chip giant expects to receive US government licenses soon so that it can restart shipments of the restricted processors just days after CEO Jensen Huang met with President Donald Trump, potentially generating $15 billion to $20 billion in additional revenue this year. Nvidia said in a statement that it is filing applications with the US government to resume H20 sales and that "the US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon." Since the launch of ChatGPT in 2022, Nvidia's financial trajectory has been linked to the demand for specialized hardware capable of executing AI models with maximum efficiency. Nvidia designed its data center GPU to perform the massive parallel computations required by neural networks, processing countless matrix operations simultaneously. The H20 chips represent Nvidia's most capable AI processors legally available in China, though they contain less computing power than versions sold elsewhere due to export restrictions imposed in 2022. Nvidia is currently banned from selling its most powerful GPUs in China. Despite these limitations, Chinese tech giants, including ByteDance and Tencent, are reportedly scrambling to place orders for the lesser chip through what sources describe as an approved list managed by Nvidia.

Nvidia is set to resume China chip sales after months of regulatory whiplash | TechCrunch

Nvidia announced Monday that it's filing applications to restart sales of its H20 artificial intelligence chips to China, capping a spasmodic few months that saw the Trump administration impose restrictions, then quickly reverse course after a high-profile dinner meeting. The company expects to receive U.S. government licenses soon and begin deliveries shortly after, according to a blog post. Nvidia is also introducing a new "RTX Pro" chip designed specifically for the Chinese market, calling it "fully compliant" with regulations and ideal for digital manufacturing applications like smart factories and logistics. The H20 chip sits at the center of a broader U.S.-China tech standoff. While not Nvidia's most advanced AI processor, the H20 is the most powerful chip the company can legally sell to China under existing export controls. It's specifically designed for "inference" tasks -- running existing AI models for day-to-day applications -- rather than training new AI systems from scratch. Chinese tech giants including ByteDance, Alibaba, and Tencent had been aggressively stockpiling these chips in the first three months of this year in anticipation of stricter export controls. The chip's appeal lies partly in its superior memory bandwidth compared to Chinese alternatives, along with Nvidia's widely-adopted software ecosystem that makes the hardware easier to deploy. The regulatory back-and-forth began in April when the Trump administration restricted H20 sales, potentially costing Nvidia $15 billion to $16 billion in revenue, judging by how much Chinese firms reportedly splashed out for them in the first quarter alone. The move targeted chips exceeding specific performance thresholds, including total memory bandwidth of 1,400 gigabytes per second or input/output bandwidth of 1,100 GB per second. But the restrictions were fairly short-lived. Soon after CEO Jensen Huang attended a $1 million-per-head dinner at Trump's Mar-a-Lago resort in early April, the administration paused the ban. According to NPR, Huang promised new U.S. data center investments and American jobs in exchange for continued chip access. (Within a week of NPR's report being published, Nvidia announced plans to build AI servers in the U.S. worth as much as $500 billion over the next four years, with help from partners such as TSMC.) The flip-flopping has drawn criticism from U.S. lawmakers who argue it undermines the country's efforts to limit China's AI capabilities. Chinese startup DeepSeek took the AI world by storm earlier this year by building a model rivaling OpenAI's ChatGPT using Nvidia's H800 chips, which are slightly more powerful predecessors to the H20. (The U.S. banned the sale of those H800 chips back in October 2023, but Chinese suppliers have managed to figure out workarounds.) In a statement sent to TechCrunch, Nvidia spokesman Hector Marinez said Huang has been meeting with officials in Washington and Beijing this month, "emphasizing the benefits that AI will bring to business and society worldwide." In the meantime, this latest whole episodes underscores the ongoing balancing act that U.S. policymakers are facing, with concerns about national security concerns running up against powerful commercial interests. Given what we've already seen in 2025, we can probably expect more reversals of its kind, too.

Jensen Huang says China's military will avoid U.S. AI tech -- 'they don't need Nvidia's chips or American tech stacks in order to build their military'

Just like how the U.S. military avoids using Chinese tech, he expects that the PLA won't use American technologies. Nvidia CEO Jensen Huang has downplayed Washington's concerns that the Chinese military will use advanced U.S. AI tech to improve its capabilities. Mr. Huang said in an interview with CNN that China's People's Liberation Army (PLA) will avoid American tech the same way that the U.S.'s armed forces avoid Chinese products. This announcement comes on the heels of the United States Senate's open letter [PDF] to the CEO, asking him to "refrain from meeting with representatives of any companies that are working with the PRC's military or intelligence establishment...or are suspected to have engaged in activities that undermine U.S. export controls." Washington is concerned that the PLA might utilize this to develop advanced weapons systems, intelligence systems, and more, prompting a bipartisan effort to deny China access to the most powerful hardware over the past three administrations. However, Huang has often publicly said that the U.S. strategy of limiting China's access to advanced technologies was a failure and that it should lead the global development and deployment of AI. "...Depriving someone of technology is not a goal, it's a tactic -- and that tactic was not in service of the goal," said the Nvidia CEO during the interview. "Just like we want the world to be built on the American dollar, using the American dollar as the global standard, we want the American tech stack to be the global standard." He also added, "In order for America to have AI leadership, it needs to make sure the American tech stack is available to markets all over the world, so that amazing developers, including the ones in China, are able to build on American tech stack so that AI runs best on the American tech stack." When Zakaria asked him about the Chinese PLA's use of this tech, Jensen said that it's not going to be an issue. "The Chinese military [is] no different [from] the American military: [they] will not seek each other's technology to be built on top [of each other]. They simply can't rely on it -- it could be, of course, limited at any time," Jensen answered. "Not to mention, there's plenty of computing capacity in China already. If you just think about the number of supercomputers that are in China, built by amazing Chinese engineers, that are already in operation -- they don't need Nvidia's chips or American tech stacks in order to build their military." Despite what he says, China has been heavily investing in AI data centers, and companies within the country are explicitly sourcing Nvidia's most powerful products, even the ones that the U.S. has put export controls on. And even though Huang said that there's no evidence of AI chip diversion, it's widely reported that you can easily get these banned chips in the Chinese black market, with one businessman even showing off his smuggled GPUs on social media. Chinese operators of these smuggled AI chips would have a harder time getting firmware updates and likely won't have access to Nvidia's advanced cloud tools and enterprise platforms. However, because Nvidia still sells export-compliant GPUs to China, the platform and cloud software can still potentially work with the banned higher-power equipment. Aside from that, it will probably be difficult for the U.S. to disable these AI GPUs remotely, if it comes to that. After all, Nvidia would have a harder time selling its chips if a way to disable them remotely exists -- that's why the U.S. has a bill in the works that could force geo-tracking tech on high-end hardware. Even if there is such a technology, China can just air gap the systems to prevent them from being remotely killed.

Nvidia to resume H20 sales in China -- says U.S. government has promised to grant licenses, deliveries to start soon

The White House plans to allow Nvidia to sell its H20 AI GPUs to China once again, signaling a significant victory for the company after it suffered a $5.5-billion write-off when they were banned for export to China in mid-April. The company confirmed to Tom's Hardware that "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon." The company announced the China-specific H20 AI GPUs in late 2023 after Washington banned its most advanced H100 and H200 models for export to China. However, the Biden Administration's AI diffusion rule, and then more targeted measures from the Trump administration, threatened to ban even these defanged GPUs, which were still quite popular among Chinese customers. Nvidia CEO Jensen Huang reportedly spent $1 million on a dinner with the president to have the plan suspended, but the White House banned their export a week later anyway, a measure affecting both the Nvidia H20 and AMD MI308 AI chips. Jensen Huang has been vocal against the ban that the U.S. is placing on advanced AI chips, an area dominated by his company. The CEO has said many times that AI chip export control is a failure and that the Chinese military will avoid American tech for its development. Instead of limiting who has access to its technology, he says that it should do the opposite and allow American AI tech to spread far and wide -- or else it risks losing the lead to its Chinese competitors like Huawei. H20 export license approvals resumed a month after the U.S. and China negotiated a preliminary trade deal amid prolonged tariff tensions. Some of the developments between the nations include the resumption of rare earth metal exports to the U.S. in exchange for the lifting of the EDA export control. Nvidia says that CEO Jensen Huang has been flying between Washington, D.C., and Beijing, meeting with officials and policymakers to emphasize "the benefits that AI will bring to business and society worldwide." It seems that his lobbying between the two parties has been successful with this approval, although we won't know for sure until the licenses are officially granted. Nvidia will be hopeful it can resume H20 sales without a hitch. We should note, though, that this doesn't appear to be a blanket lifting of the ban -- instead, it's just a promise that Washington will start approving export licenses for the H20 GPU. It's likely for this reason that the company announced the fully compliant Nvidia RTX Pro GPU, which "is ideal for digital twin AI for smart factories and logistics." The company was also reportedly preparing a cut-down HGX H20 GPU in response to the original ban, which wouldn't have any sort of restriction placed on it.

Nvidia's Huang to Meet Chinese Leaders While AI Curbs Deepen

Nvidia Corp. co-founder Jensen Huang will meet with senior Chinese officials in Beijing next week, signaling the company's commitment to a vast market Washington is increasingly seeking to isolate. The chief executive officer is seeking discussions with leaders including the commerce minister, a person familiar with the situation said. Huang is planning those meetings while attending the International Supply Chain Expo in Beijing next week, the person said, asking to remain anonymous discussing a plan still in flux. That conference is one of the Chinese government's signature events, and has featured the likes of Apple Inc.'s Tim Cook in the past.

Nvidia CEO: US chips too risky for Chinese military supers

With half the AI devs in the world, if China can't build on American hardware, they'll build on their own, Jensen warns If the US military wouldn't be caught dead building supercomputers using Chinese kit, there's no reason to think the People's Liberation Army would risk doing the same, argues Nvidia CEO Jensen Huang. "The Chinese military, no different than the American military, will not seek each other's technology out to be built on top of it," he said during a recent interview with CNN's Fareed Zakaria. Huang's rationale is the Chinese can't rely on the technology to work when they need it, as it could be "limited at any time." He added that it's not as though China's military doesn't have access to enough computing power already. "If you just think about the number of supercomputers that are in China, built by amazing Chinese engineers that are already in operation, they don't need Nvidia's chips or American tech stacks in order to build their military." It's well established at this point that China is already home to some of the most powerful supercomputers, and many of these are powered by homegrown silicon. However, the idea that Beijing wouldn't use Nvidia's chips even if it could get their hands on them is a bit naive, he opined. China's Academy of Engineering Physics (CAEP) has reportedly employed Intel and Nvidia-based systems to further the development and maintenance of nuclear weapons. Huang's comments come as he heads to Beijing and in the wake of repeated steps by both the Biden and Trump administrations to limit the sale of advanced semiconductors, like Nvidia's chips, in China. The most recent crackdown saw the sale of Nvidia's H20 accelerators -- essentially a cut-down version of its H200 GPUs designed for the Chinese market -- blocked. As we've previously reported, this decision will cost Nvidia $10.5 billion in lost revenues in the first half of the 2026 fiscal year. Among the reasons given for the effective ban were that these chips could fuel Chinese supercomputing efforts into AI and other military applications. Supercomputers are commonly employed by world governments, including the US, for military research and development, as well as nuclear proliferation. Huang is not a fan of these rules, which have effectively cut off Nvidia from a nation with one of the greatest possible potentials to fuel the company's growth. "China's incredible in AI because 50 percent of the world's AI developers are in China," he said, arguing that efforts to deny the Middle Kingdom American silicon have backfired, encouraging the development of homegrown alternatives. If the US is serious about maintaining its technological advantage, it should ensure that world AIs, including those built by the Chinese, are developed using American silicon, Huang told Zakaria. Huang isn't alone in making this argument. Executives from Microsoft, AMD, OpenAI, and CoreWeave have made similar comments following Uncle Sam's latest round of AI chip restrictions. ®

Jensen Huang Is Right About the Real AI Race With China

If Jensen Huang was hoping to reassure Washington that his company's advanced artificial intelligence chips won't be used to supercharge China's military, his comments likely fell on deaf ears. "We don't have to worry about that," the Nvidia Corp. chief executive officer said of America's greatest fear about his firm's access to the China market in an interview with CNN. He argued Beijing knows it can't rely on the US technology, which "could be limited at any time." It's optimistic thinking on his part, given the national security concerns that have fueled years of semiconductor restrictions.

Nvidia to resume sales to China with US approval

Maybe CEO Jensen Huang's million-dollar meal at Mar-a-Lago 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, on grounds that the Middle Kingdom uses them to advance its military capabilities and conduct surveillance operations. Nvidia tried to evade those bans by creating the H20 GPU, an underpowered accelerator that US authorities were happy to see sold into China. Washington later reversed course and stopped issuing export permits for the H20. That decision cost Nvidia around $10 billion in sales. After the H20 ban, CEO Jensen Huang labelled US trade policy "precisely wrong" and "a failure" because he feels the world can benefit from innovations developed in China, and that the USA benefits if the world's top AI researchers rely on tech from Nvidia - an American company. Huang has made the same points repeatedly for months and on Monday Nvidia announced "NVIDIA is filing applications to sell the NVIDIA H20 GPU again" and "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon." The CEO also announced "a new , fully compliant NVIDIA RTX PRO GPU that 'is ideal for digital twin AI for smart factories and logistics'." Nvidia didn't detail specs of the new GPU, but May rumors suggested the US might allow exports of its RTX Pro 6000-series server chips, which boast up to 4 petaFLOPs of sparse performance at 4-bit floating point precision, pack 96GB of GDDR7, and deliver 1.6TB/s of memory bandwidth. The company recommends the RTX Pro range for use in technical and visual computing applications, or as a tool to fine-tune LLMs or run local AI assistants. Jensen Huang has campaigned hard for US government permission to resume sales to China, even attending a million-bucks-a-plate meal at US President Donald Trump's Mar-a-Lago home. Those efforts appear to have paid off. Nvidia made its announcement well and truly after US stock markets closed for the day, and the company's stock hasn't moved markedly in after-hours trading. The Register has not been able to find supporting statements from the White House or Department of Commerce, but as the resumption of sales to China will represent a material event for Nvidia, the GPU-maker would not have announced the news without being certain of the situation. ® This news may not go down well in Taiwan, where The Reg spotted the sticker during to our May visit to the Computex exhibition and conference.

Nvidia Boss Expects to Get First H20 China Export Licenses Soon

Nvidia Corp. boss Jensen Huang anticipates getting the first batch of US licenses to export H20 AI chips to China soon, formally allowing the company to resume sales of a much sought-after component in the world's top semiconductor arena. While Washington hasn't yet granted export permissions, officials assured Nvidia they will move rapidly to do so, Huang told reporters in Beijing at a government-backed conference. The billionaire company co-founder said the company had plenty of orders on its books to fill and reiterated that Nvidia hoped to ship the H20 -- one of a family of chips designed for AI development and hosting -- as soon as it can.

Nvidia Expects License to Sell H20 AI Chip to China Again

Nvidia Corp. plans to resume sales of its H20 artificial intelligence accelerator to China, after it received assurances from the US government that it would be granted licenses, the company said in a blog post. Chief Executive Officer Jensen Huang met with US President Donald Trump last week and is in Beijing this week to attend a large supply chain expo. Huang has told Nvidia customers that the company is applying for new H20 licenses to sell in China, he expects those to be granted and hopes to resume deliveries soon.

Nvidia Gets US Green Light to Sell H20 AI Chips to China

Nvidia Corp. plans to resume sales of its H20 AI chip to China after securing Washington's assurances that such shipments would get approved, a dramatic reversal from the Trump administration's earlier stance. US government officials told Nvidia they would green-light export licenses for the H20 artificial intelligence accelerator, the company said in a blog post. That China-specific variant was created to comply with earlier trade curbs, but has since April also been blocked from sale in the country without a US permit. Billionaire co-founder Jensen Huang appeared on Chinese state broadcaster CCTV shortly after Nvidia announced the decision, saying the company had secured approval to begin shipping. Bloomberg Tech Europe host Tom Mackenzie joins Stephen Carroll and Caroline Hepker on Daybreaak Europe Radio to discuss. (Source: Bloomberg)

Nvidia to be Able to Sell H20 AI Chip

Nvidia Corp. and Advanced Micro Devices Inc. plan to resume sales of some AI chips in China after securing Washington's assurances that such shipments would get approved, a dramatic reversal from the Trump administration's earlier stance on measures designed to limit Beijing's AI ambitions. US government officials told Nvidia they would green-light export licenses for its H20 artificial intelligence accelerator, the company said in a blog post on Monday -- a move that may add billions to Nvidia's revenue this year, restoring its ability to fulfill orders it had written off as lost due to government restrictions. AMD received similar assurances from the US Commerce Department and plans to restart shipments of its MI308 chips to China once licenses for sales are approved, the company said in a statement Tuesday. Bloomberg's Ian King reports. (Source: Bloomberg)

Nvidia's Jensen Huang plans Beijing trip ahead of new China AI chip launch

Nvidia plans to launch a new artificial intelligence chip designed specifically for China as soon as September, with chief executive Jensen Huang planning a visit to reassert the company's commitment to the country. The chip is a version of Nvidia's existing Blackwell RTX Pro 6000 processor modified to meet US President Donald Trump's tightened export control rules, according to people with knowledge of the plans. The product would be stripped of the most advanced technologies, such as high-bandwidth memory (HBM) and NVLink, which improves interconnections for faster data transfers. Huang planned to meet top Chinese leaders as he attends the International Supply Chain Expo in Beijing starting next Wednesday, people familiar with his schedule said. The chips group on Wednesday became the first company to hit a $4tn market capitalisation. The stock took a knock earlier in the year when the US tightened export controls but has recovered thanks to investor enthusiasm for the global AI market opportunity and improving US-China relations. Huang has stepped up his efforts to play a more diplomatic role with Chinese and US leaders, as Nvidia has become caught in the middle of a geopolitical conflict while trying to retain a position in a crucial overseas market. Nvidia's chief is seeking talks with China's premier Li Qiang, according to one of the people. Li would be the most senior Chinese official he has met to date. A meeting with vice-premier He Lifeng, whom he previously held discussions with in a visit to China in April, is also being planned. Schedules are not yet finalised and still subject to approval on the Chinese side, the person added. Speaking at the Computex tech show in Taiwan in May, the CEO condemned US export controls aimed at limiting China's access to AI chips as "a failure". He said they had inspired Chinese companies to accelerate the development of their own AI products. Nvidia's market share had slipped from 95 per cent four years ago to 50 per cent, he lamented. The company says it could be competing in a China AI market worth $50bn in the near future. Huang is expected to reaffirm Nvidia's commitment to the Chinese market in the face of multiple rounds of export restrictions that have caused it billions of dollars in lost business. Sales of the new product will not commence before September, as Nvidia sought assurances from the Trump administration that it would not be found in breach of new export restrictions and banned shortly after its introduction, said one person with knowledge of the plans. The chip's specifications could still change depending on the outcome of discussions with Washington. However, Nvidia's clients in China have been testing samples of the chip and expressed interest in significant orders, according to the two people with knowledge of the company's plans. Although its performance does not compare with top-of-the-line products from Chinese rivals, clients are willing to buy because a shift away from Nvidia's Cuda software system to others would significantly increase operating costs. Demand for the chip is not expected to be as high as for its previous product, the H20, which was in effect banned in April prompting Nvidia initially to take a $5.5bn writedown. Chinese clients have grown concerned about the risk of relying too much on Nvidia products amid US policy uncertainties, according to people close to their thinking. Leading AI players, including Alibaba, ByteDance and Tencent, have been testing alternatives from local producers. Launching a new China product and ensuring uninterrupted delivery would require building a large inventory, posing financial risks to Nvidia if export policies remain uncertain. China is Nvidia's fourth-largest market, with a revenue base of $17.1bn and accounting for 13 per cent of its total sales, according to its annual report for the 2025 fiscal year. An Nvidia spokesperson declined to comment on any China-specific chip redesign plans. "China has one of the largest populations of developers in the world, creating open-source foundation models and non-military applications used globally," they said. "While security is paramount, every one of those applications should run best on the US AI stack." China's state council and the council for the promotion of international trade did not immediately respond to requests for comment.

Nvidia CEO to hold media briefing in Beijing on July 16

BEIJING, July 13 (Reuters) - Nvidia (NVDA.O), opens new tab CEO Jensen Huang will hold a media briefing in Beijing on July 16, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the U.S. government has imposed restrictions on the export of Nvidia's most advanced chips to China, citing concerns over potential military applications. The U.S. also imposed a ban earlier this year on sales of Nvidia's H20 artificial intelligence chips to the country - which had been Nvidia's most powerful AI chip cleared for Chinese sales. Huang's latest visit has been closely-watched in both U.S. and China. A bipartisan pair of U.S. senators on Friday sent a letter to Huang about his China trip, asking him to abstain from meeting with companies that are working with military or intelligence bodies in the People's Republic of China. The senators also asked Huang to refrain from meeting with entities named on the United States' restricted export list. Nvidia has faced increased competition from Chinese tech giant Huawei and other makers of graphics processing units - the chips used to train artificial intelligence. But Chinese companies, including its big tech firms, still crave Nvidia chips due to the company's computing platform known as CUDA. China generated $17 billion in revenue for Nvidia in the fiscal year ending January 26, accounting for 13% of the company's total sales, based on its latest annual report. Huang has consistently highlighted China as a critical market for Nvidia's growth. Nvidia's market value topped $4 trillion for the first time last week, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology. Reporting by Che Pan, Mei Mei Chu; Editing by Tom Hogue and Jane Merriman Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:China

Nvidia's Huang hails Chinese AI models as "world class"

BEIJING/SHANGHAI, July 16 (Reuters) - Nvidia (NVDA.O), opens new tab CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba (9988.HK), opens new tab and Tencent (0700.HK), opens new tab as "world class" and said AI was "revolutionising" supply chains, at an exhibition in Beijing on Wednesday. Huang spoke briefly at the opening ceremony of a supply chain expo, one day after the AI giant said it would once again be able to sell its highly popular H20 chips in China. Billionaire Huang is on his third visit to China this year, days after meeting with U.S. President Donald Trump, as his firm walks a tightrope between the world's two largest economies, each of which is battling for global dominance in AI and other cutting edge technologies. Huang is also expected to hold a closed door media event in Beijing later on Wednesday afternoon. The CEO of the world's most valuable firm told state broadcaster CCTV on Tuesday that the Chinese market is massive, dynamic, and highly innovative, and it's crucial for American companies to establish roots in China. On Tuesday, U.S. Commerce Secretary Howard Lutnick said the planned resumption of sales of Nvidia's H20 AI chips to China are part of U.S. negotiations on rare earths. Chinese companies have scrambled to place orders for the chips, which Nvidia would then need to send to the U.S. government for approval, the sources familiar with the matter said. They added that internet giants ByteDance and Tencent are in the process of submitting applications. ByteDance denied that it is currently submitting applications. Tencent did not respond to a request for comment. Nvidia has also announced it is developing a new chip for Chinese clients called the RTX Pro GPU that would also be compliant with U.S. export restrictions. Reporting by Che Pan, Ellen Zhang and Casey Hall; Editing by Sonali Paul Our Standards: The Thomson Reuters Trust Principles., opens new tab

US senators warn Nvidia CEO about upcoming China trip

SAN FRANCISCO, July 11 (Reuters) - A bipartisan pair of U.S. senators sent a letter to Nvidia (NVDA.O), opens new tab CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls. The letter from Republican Senator Jim Banks and Democratic Senator Elizabeth Warren asked Huang to also abstain from meeting with representatives of companies that are working with the People's Republic of China's military or intelligence bodies and are named on the U.S. restricted export list. "We are worried that your trip to the PRC could legitimize companies that cooperate closely with the Chinese military or involve discussing exploitable gaps in U.S. export controls," the senators wrote. Huang planned to visit China on Friday. An Nvidia spokesperson said, "American wins" when its technology sets "the global standard," and that China has one of the largest bodies of software developers in the world. AI software "should run best on the U.S. technology stack, encouraging nations worldwide to choose America," the spokesperson said. In May at the Computex trade show in Taipei, Huang praised President Donald Trump's decision to scrap some artificial intelligence chip export controls and described the prior diffusion rules as a failure. U.S. restrictions in April on AI chips Nvidia modified to comply with export controls to China would reduce Nvidia's revenue by $15 billion, the CEO said. The hardware necessary to power advanced AI is now subject to a bipartisan consensus related to the free export of such hardware, the senators wrote. Advanced AI hardware could "accelerate the PRC's effort to modernize its military," the letter reads. U.S. lawmakers have grown increasingly concerned about efforts to circumvent export controls to China and proposed a law that would force AI chip companies to verify the location of their products. Last month, Reuters reported that a senior U.S. official said the AI firm DeepSeek is aiding China's military and intelligence operations, and sought to use shell companies to circumvent U.S. AI chip export controls to China. Nvidia is planning to launch a cheaper version of its flagship Blackwell AI chips for China, Reuters reported in May. Reporting by Max A. Cherney in San Francisco Editing by Rod Nickel Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Artificial Intelligence Max A. Cherney Thomson Reuters Max A. Cherney is a correspondent for Reuters based in San Francisco, where he reports on the semiconductor industry and artificial intelligence. He joined Reuters in 2023 and has previously worked for Barron's magazine and its sister publication, MarketWatch. Cherney graduated from Trent University with a degree in history.

Nvidia to resume H20 GPU chip sales to Beijing, launches China-compliant model

July 14 (Reuters) - Nvidia (NVDA.O), opens new tab said on Monday that it will resume sales of its H20 graphics processing unit (GPU) chips to China and has introduced a new model tailored to meet regulatory requirements in the Chinese market. According to a company blog post, Nvidia is filing applications to resume H20 sales with the U.S. government and expects to get the licenses soon. Deliveries are expected to begin shortly thereafter. The company announced a new RTX Pro GPU designed specifically for China. Nvidia described the model as "fully compliant" and suitable for digital twin AI applications in sectors such as smart factories and logistics. The chipmaker's CEO Jensen Huang met with U.S. President Donald Trump and policymakers in Washington and later with officials in Beijing, as part of efforts to promote AI cooperation and highlight Nvidia's support for open-source research and global AI development, the company said. In May, Reuters reported that the company was planning to release a downgraded version of its H20 artificial intelligence chip for China following U.S. export restrictions on the original model. Reporting by Surbhi Misra in Bengaluru; Editing by Sumana Nandy Our Standards: The Thomson Reuters Trust Principles., opens new tab

Nvidia CEO downplays U.S. fears that China's military will use his firm's chips

Jensen Huang, CEO of Nvidia, speaking at the Viva Technology conference at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm's chips will aid the Chinese military, days ahead of another trip to the country as he attempts to walk a tightrope between Washington and Beijing. In an interview with CNN aired Sunday, Huang said "we don't have to worry about" China's military using U.S.-made technology because "they simply can't rely on it." "It could be limited at any time; not to mention, there's plenty of computing capacity in China already," Huang said. "They don't need Nvidia's chips, certainly, or American tech stacks in order to build their military," he added. The comments were made in reference to years of bipartisan U.S. policy that placed restrictions on semiconductor companies, prohibiting them from selling their most advanced artificial intelligence chips to clients in China. Huang also repeated past criticisms of the policies, arguing that the tactic of export controls has been counterproductive to the ultimate goal of U.S. tech leadership. "We want the American tech stack to be the global standard ... in order for us to do that, we have to be in search of all the AI developers in the world," Huang said, adding that half of the world's AI developers are in China. That means for America to be an AI leader, U.S. technology has to be available to all markets, including China, he added. Washington's latest restrictions on Nvidia's sales to China were implemented in April and are expected to result in billions in losses for the company. In May, Huang said chip restrictions had already cut Nvidia's China market share nearly in half. Huang's CNN interview came just days before he travels to China for his second trip to the country this year, and as Nvidia is reportedly working on another chip that is compliant with the latest export controls. Last week, the Nvidia CEO met with U.S. President Donald Trump, and was warned by U.S. lawmakers not to meet with companies connected to China's military or intelligence bodies, or entities named on America's restricted export list. According to Daniel Newman, CEO of tech advisory firm The Futurum Group, Huang's CNN interview exemplifies how Huang has been threading a needle between Washington and Beijing as it tries to maintain maximum market access. "He needs to walk a proverbial tightrope to make sure that he doesn't rattle the Trump administration," Newman said, adding that he also wants to be in a position for China to invest in Nvidia technology if and when the policy provides a better climate to do so. But that's not to say that his downplaying of Washington's concerns is valid, according to Newman. "I think it's hard to completely accept the idea that China couldn't use Nvidia's most advanced technologies for military use." He added that he would expect Nvidia's technology to be at the core of any country's AI training, including for use in the development of advanced weaponry. A U.S. official told Reuters last month that China's large language model startup DeepSeek -- which says it used Nvidia chips to train its models -- was supporting China's military and intelligence operations. On Sunday, Huang acknowledged there were concerns about DeepSeek's open-source R1 reasoning model being trained in China but said that there was no evidence that it presents dangers for that reason alone. Huang complimented the R1 reasoning model, calling it "revolutionary," and said its open-source nature has empowered startup companies, new industries, and countries to be able to engage in AI. "The fact of the matter is, [China and the U.S.] are competitors, but we are highly interdependent, and to the extent that we can compete and both aspire to win, it is fine to respect our competitors," he concluded.

US senators warn Nvidia CEO about upcoming China trip

A bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls. The letter from Republican Senator Jim Banks and Democratic Senator Elizabeth Warren asked Huang to also abstain from meeting with representatives of companies that are working with the People's Republic of China's military or intelligence bodies. The senators also asked Huang to refrain from meeting with entities named on the U.S. restricted export list. "We are worried that your trip to the PRC could legitimize companies that cooperate closely with the Chinese military or involve discussing exploitable gaps in U.S. export controls," the senators wrote. Huang planned to visit China on Friday. An Nvidia spokesperson said, "American wins" when its technology sets "the global standard," and that China has one of the largest bodies of software developers in the world. AI software "should run best on the U.S. technology stack, encouraging nations worldwide to choose America," the spokesperson said. In May at the Computex trade show in Taipei, Huang praised President Donald Trump's decision to scrap some artificial intelligence chip export controls and described the prior diffusion rules as a failure. U.S. restrictions in April on AI chips Nvidia modified to comply with export controls to China would reduce Nvidia's revenue by $15 billion, the CEO said. The hardware necessary to power advanced AI is now subject to a bipartisan consensus related to the free export of such hardware, the senators wrote. Advanced AI hardware could "accelerate the PRC's effort to modernize its military," the letter reads. U.S. lawmakers have grown increasingly concerned about efforts to circumvent export controls to China and proposed a law that would force AI chip companies to verify the location of their products. Last month, Reuters reported that a senior U.S. official said the AI firm DeepSeek is aiding China's military and intelligence operations, and sought to use shell companies to circumvent U.S. AI chip export controls to China. Nvidia is planning to launch a cheaper version of its flagship Blackwell AI chips for China, Reuters reported in May. The senators said in the letter they had previously expressed concern that Nvidia's actions could support the AI and chip industries in China and cited Nvidia's new research facility in Shanghai as an example.

Nvidia's CEO says it has US approval to sell its H20 AI computer chips in China

BANGKOK (AP) -- Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the post said. "Today, I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said. Huang recently met with Trump and other U.S. policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials. The broadcast showed Huang meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from rapid adoption of AI, becoming the first company to have its market value surpass $4 trillion last week. However, the trade rivalry between the U.S. and China has been weighing heavily on the industry. Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that know-how meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities. In January, before Trump began his second term in office, the administration of President Joe Biden launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5 billion, and Huang and other technology leaders have been lobbying President Donald Trump to reverse the restrictions. They argue that such limits hinder U.S. competition in a leading edge sector in one of the world's largest markets for technology. They've also warned that U.S. export controls could end up pushing other countries toward China's AI technology.

NVIDIA says it can resume selling key AI chips to China

The US government told the company it would approve export licenses for its H20 GPUs. NVIDIA will be able to start selling its H20 AI GPU to China again soon after gaining approval to do so from the US government, the company announced in a blog post. Earlier this year, the company was blocked from selling the H20 to China over concerns it could aid the nation's military. "NVIDIA is filing applications to sell the H20 GPU again. The US government has assured NVIDIA that licenses will be granted and NVIDIA hopes to start deliveries soon," the article states. The company also announced the NVIDIA RTX Pro GPU that's "fully compliant" for the Chinese market, designed for smart factories and logistics. The US government starting blocking sales of NVIDIA's most powerful AI graphics processors, like the A100 and H200, to China back in 2022. The company subsequently developed the A800 and H800 chips for the Chinese market, but those were subsequently banned as well by the Biden administration back in 2023. NVIDIA then came up with the HGX H20 and two other chips that conformed to export rules. Sales of that chip were blocked too in April, but the US department of commerce has apparently reversed course again. That could be a tremendous help for NVIDIA financially as it's currently holding $8 billion in unshipped orders and expects up to $5 billion in additional revenue for 2025, Bloomberg reported. Yesterday, NVIDIA CEO Jensen Huang dismissed concerns that China's military would use the company's chips to develop AI. "They don't need NVIDIA's chips, certainly, or American tech stacks in order to build their military," he said, adding that it would be foolish of them to do so because "they simply can't rely on it." Huang has previously said that NVIDIA export bans didn't stop China from developing AI and allowed its competitors, especially Huawei, to gain ground on US technology.

Commerce Secretary Lutnick says China is only getting Nvidia's '4th best' AI chip

Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025. Commerce Secretary Howard Lutnick on Tuesday said the Trump administration reversed course on allowing Nvidia to sell its AI chips to China because the U.S. company will not be giving over its best technology. Lutnick made the remark speaking with CNBC's Brian Sullivan, saying that Nvidia wants to sell China its "4th best" chip, which is slower than the fastest chips that U.S. companies use. "We don't sell them our best stuff, not our second best stuff, not even our third best," Lutnick said. Nvidia said Monday night that it would soon resume sales of the H20 chip to China after the Trump administration signaled that it would grant the chipmaker necessary export licenses. Lutnick said that the administration said that the renewed sale of H20 chips to China was linked to a rare-earths magnet deal. Lutnick said it was in U.S. interests to have Chinese companies using American technology so they continue to use an American "tech stack." "The fourth one down, we want to keep China using it," Lutnick said. "We want to keep having the Chinese use the American technology stack, because they still rely upon it." Similarly, Nvidia CEO Jensen Huang has said in recent weeks that the U.S. should continue selling his chips to China so Chinese companies don't invest in homegrown infrastructure. Huang on Sunday also said that the Chinese military wouldn't use Nvidia chips anyway, and previously signaled that China's Huawei is a legitimate competitor. "The idea is the Chinese are more than capable of building their own," Lutnick said. "You want to keep one step ahead of what they can build, so they keep buying our chips." The reversal is a major win for Nvidia. Huang had previously said that the Trump administration's decision to require a license for the H20 chip in April "effectively closed" the China market. Nvidia said that it could have sold $8 billion in H20 chips in the current quarter before sales were stopped.

Jensen Huang lauds China's AI models as Nvidia gears up to resume chip exports

BEIJING -- Nvidia CEO Jensen Huang praised China's generative artificial intelligence models, a day after the U.S. chipmaker said it expected to resume sales of a key AI chip to the country soon. "Models like DeepSeek, Alibaba, Tencent, MiniMax, and Baidu Ernie bot are world class, developed here and shared openly [and] have spurred AI developments worldwide," Huang said. He was speaking Wednesday at the opening ceremony of a supply chain expo in Beijing. He is scheduled to hold a press conference later in the day. "More than 1.5 million developers in China build on Nvidia today to bring their innovations to life," he said. China-developed DeepSeek shocked global investors in January with an AI model that undercut OpenAI on development and operating costs. It's not clear how DeepSeek managed to develop the model under broad U.S. chip restrictions on China, but the startup's parent, High-Flyer, reportedly stockpiled Nvidia chips. Nvidia on Tuesday said it expected to resume its H20 chip shipments to China soon following assurances from the U.S. government. The company was forced to halt the sales in April due to new U.S. requirements at the time.

Nvidia CEO downplays role in lifting US ban on chip sales to China

BEIJING (AP) -- The head of Nvidia downplayed his role in getting the U.S. government to lift a ban on selling an advanced computer chip in China and said it will take time to ramp up production once orders for the AI-processor come in. CEO Jensen Huang, speaking Wednesday in the Chinese capital Beijing, was upbeat about the prospects for the H20 chip, which was designed to meet U.S. restrictions on technology exports to China but nonetheless blocked in April. He met U.S. President Donald Trump before his trip and his company announced this week it had received assurances that sales to China would be approved. "I don't think I changed his mind," Huang told a cluster of journalists, many of whom asked for his autograph or to take selfies with him. A carefully organized press conference at a luxury hotel descended into a crowd scene when Huang arrived in his trademark leather jacket and started taking questions randomly in his characteristic casual style. Export controls and tariffs were something companies must adapt to in a world he said was reconfiguring itself. He described his role as informing governments in the U.S. and elsewhere of the nature and unintended consequences of their policies. The decision to lift the ban on the H20 chip was entirely in the hands of the American and Chinese governments and whatever trade talks they had, he said. "We can only influence them, inform them, do our best to provide them with facts," Huang said. "And then beyond that is out of our control." Nvidia said in April that sales restrictions on its chip in China on national security grounds would cost the company $5.5 billion. The White House also blocked a chip from Advanced Micro Devices. Both companies say the Commerce Department is now moving forward with license applications to export them to China. Huang said his company would likely be able to recover some of its losses but it's unclear how much. That will depend on how many H20 orders are received and how quickly Nvidia can meet the demand. "I think that H20 is going to be very successful here," he said, noting the chip's memory bandwidth makes it a good fit for the AI models being developed by Chinese companies such as DeepSeek and Alibaba. Huang also touted the release of a new RTX Pro graphics chip that he said would power the development of humanoid robots. He described robotic systems with teams of robots working alongside people as the next wave in AI. "Because there's so much robotics innovation going on and so much smart factory work being done here and the supply chain is so vast, RTX Pro is perfect," he said.

Nvidia says U.S. government will allow it to resume H20 AI chip sales to China

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia announced Tuesday that it hopes to resume sales of its H20 general processing units to clients in China, saying that the U.S. government had assured the company would be granted licenses. Nvidia's sales of the H20 chips, which had been designed specifically to keep them out of export controls on China, were halted in April. "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," the company said in a statement. Nvidia CEO Jensen Huang in recent months has ramped up his lobbying against export controls, arguing that they inhibited American tech leadership. In May, Huang said chip restrictions had already cut Nvidia's China market share nearly in half. Huang on Tuesday also announced a new "fully compliant" GPU, NVIDIA RTX PRO, saying it "is ideal for digital twin AI for smart factories and logistics." The announcement of the potential U.S. policy reversal comes following a visit between Huang and U.S. President Donald Trump last week and as the CEO makes his visit to China. In his meeting with President Trump and U.S. policymakers, Huang had reaffirmed NVIDIA's support for the Administration's job creation and onshoring efforts, as well as the aim for America to lead in global AI, the company said. Meanwhile, in Beijing, it was confirmed that Huang has met with government and industry officials to discuss the benefits of AI and ways for researchers to advance safe and secure AI for the benefit of all.

Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted

Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media in Beijing, China, on Wednesday, July 16, 2025. Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales in the world's second-largest economy. The comments come after Nvidia said on Monday that it will resume sales of its H20 artificial intelligence chip to China, reversing a previous ban. The H20 is a less-advanced semiconductor designed for AI workloads that comply with U.S. export restrictions to China. "I hope to get more advanced chips into China than the H20," Huang said during a press conference in Beijing, China, in response to a CNBC question. "And the reason for that is because technology is always moving on ... today Hopper's terrific but some years from now we will have more and more and better and better technology, and I think it's sensible that whatever we're allowed to sell in China will continue to get better and better over time as well," he said referencing Hopper, Nvidia's chip architecture that the H20 is built on. Nvidia has been caught in the crosshairs of U.S.-China tensions over trade and technology. The tech giant has faced several rounds of restrictions that have forced it to restrict access of its most advanced chips to China. In response, Nvidia has developed semiconductors that comply with export restrictions, such as the H20. Nvidia took a $4.5 billion writedown on the unsold H20 inventory in May and said sales in its last financial quarter would have been $2.5 billion higher without any export curbs. Huang has trod a fine line between praising U.S. President Donald Trump's policies regarding reshoring chip manufacturing to America while also lobbying for change on curbs to China.

As Nvidia gets a lifeline in China, Jensen Huang goes on the charm offensive in Beijing

BEIJING -- Nvidia CEO Jensen Huang was all smiles and compliments as he made his third trip to China in just about half a year. As the leader and co-founder of the world's first, newly-minted $4 trillion market cap company, Huang had particular reasons to be happy when he met the press on Wednesday: Nvidia expected it would be able to resume sales of its less advanced H20 artificial intelligence chips to China after a three-month pause. "Many of my competitors are my friends," he noted. Huang said his understanding was that allowing Nvidia chips into China was part of an exchange with the U.S. for Beijing to release critically needed rare earths. CNBC has reached out to the White House for comment. Wearing his iconic black leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel about 15 minutes earlier than scheduled and took multiple questions in the nearly 90-degree Fahrenheit weather. "Only in China can we do this out in the sun!" he said. Then he realized the press conference was supposed to be held inside an air-conditioned room. "What are we doing out here? Why didn't somebody say so?" he said. He was swarmed by local reporters asking for signatures of books and T-shirts. "Who needs an autograph? I'll do it while I'm listening." Here are the highlights of what he said over 90 minutes:

Nvidia C.E.O. Treads Carefully in Beijing

Keith Bradsher reported from Beijing and Meaghan Tobin from New York. Nvidia is celebrating its renewed ability to sell certain artificial intelligence computer chips in China, after the Trump administration this week lifted key restrictions. But Jensen Huang isn't about to take any credit for the change. The chief executive of the Silicon Valley chip giant used a 95-minute press briefing on Wednesday in Beijing to play down his role in persuading President Trump to allow chip sales to China. He distanced himself, too, from China's latest export controls, suggesting even the restrictions on a rare earth metal used in chips wouldn't affect the company. Mr. Huang has met with senior officials in Washington and Beijing in the past few days, including Mr. Trump, to promote artificial intelligence and his company's central role in the industry. Many of the world's most advanced A.I. systems are powered by calculations done on Nvidia's chips. Last week, the company became the first public firm to reach $4 trillion in market value. "I don't think I changed his mind," Mr. Huang said of Mr. Trump. "It's my job to inform the president about what I know very well, which is the technology industry, artificial intelligence, the developments of A.I. around the world." Mr. Huang's apparent modesty underscores the balancing act he must play between the world's two largest economies as they compete for primacy over artificial intelligence. Three presidential administrations in Washington have tried to hold back China's A.I. capabilities by cutting off the flow of advanced chips, including by restricting Nvidia's sales to Chinese companies. At the same time, Beijing has emphasized self-reliance in the A.I. industry, as it has for electric vehicles and solar panels. Government ministries have pushed Chinese companies to make everything they need for A.I. on their own. With Beijing's backing, Chinese companies like the telecommunications giant Huawei have been racing to develop alternatives to Nvidia's technology. Mr. Huang used his remarks to encourage more cooperation between the two countries. China, he said, has half the world's A.I. researchers and is such a big market that American technology companies must do business there to stay competitive. "Technology leadership requires big markets," he said. Until this week, it looked like Washington's latest controls would result in Nvidia taking a multibillion-dollar hit on inventory it had planned to sell in China. China accounted for $17 billion of Nvidia's revenue during its last fiscal year, according to the advisory firm Bernstein Research. Nvidia has spent months lobbying politicians across Washington to keep selling chips to China. Last Thursday, Mr. Huang met with President Trump. Then, on Monday Nvidia said the U.S. government had approved sales, with a license, of a chip the company had developed to sell to China known as the H20. The decision would allow Chinese tech companies to restart purchases of the H20. Mr. Huang said on Wednesday that some inventory that previously looked unsalable could now be sold, but declined to estimate how much. Now, China is imposing its own controls on the overseas transfer of technology. The Ministry of Commerce announced on Tuesday that any further overseas transfers of eight kinds of electric car battery chemistry technology would first require the issuance of licenses by the Chinese government. Nvidia has found itself facing Chinese export controls around a rare earth metal called dysprosium that it uses in many of its chips but in small quantities. Beijing put controls on the metal, which is refined almost exclusively in China, in April. But Mr. Huang said he hadn't discussed that issue with Chinese officials in their meetings this week, and suggested that enough dysprosium remains available for Nvidia's needs. "The volume we use is not that high in the grand scheme of things -- I think the amount of overall inventory around the world is sufficient for us," he said. Asked whether he had discussed China's rare earth or battery technology restrictions on Wednesday with Chinese officials, Mr. Huang replied with a laconic "no." Mr. Huang had previously described Washington's export controls as a failure and said they had served to spur Nvidia's Chinese rivals. On Wednesday, Mr. Huang admitted that export controls were unlikely to disappear. "Export control as a pillar of national security, and export control as a regime for global exchange, I think is here," he added. The Trump administration has had little response so far to the decision by China's Ministry of Commerce on Tuesday to impose limits on the transfer of battery chemistry technology a day after the United States allowed the sale of advanced computer chips to China. Democrats have been more worried. Senator Chris Coons of Delaware assailed Mr. Trump in a statement for "giving China a tool that will strengthen their economy and military" with the chips, while China restricted battery technology "we need for our own economy and security."

Jensen Huang downplays fears over Nvidia chips being used by China's military

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. What just happened? The US has long banned the export of Nvidia's top AI chips to China, mainly due to the concern that they will be used for military purposes in the country. Team Green CEO Jensen Huang thinks it's all a fuss over nothing - because China's military can't rely on US-made technology. Speaking during an interview with CNN, Huang addressed the issue of China using Nvidia chips for military purposes, assuring people that "we don't have to worry about it." The US government does worry about it, though. It blocks - or requires a hard-to-obtain export licence for - high-end Nvidia GPUs when the destination is China (mainland, Hong Kong or Macau). Any GPU which has a total processing performance × interconnect speed of more than around 4,800 TB/s falls into the banned category. The primary reason for these restrictions is the concern that China could use the chips for military applications. Huang, however, said this is unlikely because "they simply can't rely on it." "It could be limited at any time; not to mention, there's plenty of computing capacity in China already," Huang said. "They don't need Nvidia's chips, certainly, or American tech stacks in order to build their military," he added. Huang has long criticized America's China-focused export controls. He said in 2023 that they dealt an indirect blow to American companies, leaving them with "our hands tied behind our back" and limiting their ability to sell chips to Chinese customers. He repeated the warnings that the restrictions could be counterproductive to America in the CNN interview. Huang said that "We want the American tech stack to be the global standard [...] in order for us to do that, we have to be in search of all the AI developers in the world." Therefore, if America wants to be an AI leader, US technology must be available in all markets, even China, Huang concluded. Huang said in May that Nvidia's market share in China had been cut in half due to the export controls, and that the company was expected to lose billions as a result of the restrictions that were implemented in April. Huang also gave his opinion on DeepSeek, China's AI startup that sent the industry into a tailspin when its cost-efficient R1 model launched at the start of the year. Some entities and even countries have sought to ban the app over privacy concerns. And according to a US official, DeepSeek aids China's military and intelligence operations. But Huang said the "revolutionary" R1 reasoning model's open-source nature has allowed startups, new industries, and countries to join the AI revolution. Also read: Nvidia's Jensen Huang applauds US trade moves and warns of China's AI advances "The fact of the matter is, [China and the US] are competitors, but we are highly interdependent, and to the extent that we can compete and both aspire to win, it is fine to respect our competitors," the Nvidia CEO said. Huang also believes that it doesn't matter if the chatbot that everyone uses is made in America or China. "The question of does it really matter - no; but in a final analysis, I believe it is core to the American spirit to want to be the world's best in computing technology," he said.

Nvidia Says U.S. Has Lifted Restrictions on A.I. Chip Sales to China

Three months after shutting down Nvidia's artificial intelligence chip sales to China, the Trump administration has reversed course. On Monday, the Silicon Valley company said in a blog post that the U.S. government had approved sales of a China-specific A.I. chip known as the H20. Nvidia will still need licensing approval from the U.S. government to fulfill those orders, but the Trump administration "has assured Nvidia that licenses will be granted," the company said. The decision came after Jensen Huang, Nvidia's chief executive, met last Thursday with President Trump. Mr. Huang has spent months lobbying politicians across Washington to keep China open for A.I. chip sales. China has the potential to deliver billions of dollars in sales for the world's most valuable public company, which last week became the first to reach a $4 trillion valuation. Mr. Huang has also visited China several times this year, including a trip to Beijing this week where he is scheduled to give a news conference on Wednesday. The Commerce Department and White House did not immediately respond to requests for comment. The U.S. government has been concerned that the Chinese military could use A.I. chips to coordinate attacks and develop weapons. It has also wanted to preserve the U.S. lead in developing A.I. systems, which Nvidia has enabled by making the world's most powerful and widely used A.I. chips. Commerce Secretary Howard Lutnick told Congress during his nomination hearing in January that he thought Nvidia and other companies "need to stop helping" China and stop allowing it to use "our tools to compete with us." The Trump administration's position posed a threat to Nvidia. Mr. Huang considers selling chips vital to Nvidia's future because China is home to 50 percent of A.I. developers. China also spends more on chips than any other market in the world. Exiting the market could allow Huawei, the Chinese tech giant, to increase its sales and eventually compete against Nvidia overseas. Mr. Huang has pressed the administration to roll back its restrictions on shipments of A.I. chips to China, arguing that closing off the China market will only hurt U.S. tech companies. He has also urged the administration to get countries around the world to build on chips and software made by U.S. companies. "The American tech stack should be the global standard, just as the American dollar is the standard by which every country builds on," Mr. Huang said during a podcast recorded last week in Washington with the Special Competitive Studies Project, a think tank. Mr. Huang has a more optimistic view of U.S.-China relations than many in Washington. During the podcast, he said that China is a "competitor and adversary, not our enemy." Some members of the Trump administration have gradually come around to share Mr. Huang's perspective, including David Sacks, the White House's A.I. and crypto czar. This is a developing news story and will be updated.

Nvidia says it will restart H20 artificial intelligence chip sales to China

The chips have been a key focus of export controls aimed at keeping the cutting-edge technology out of Beijing's hands as the AI race between the US and China heats up. The US Department of Commerce did not immediately respond to a request for comment from the BBC. The H20 chip was developed specifically for the Chinese market after US export restrictions were imposed by the Biden administration in 2023. Its sale was effectively banned by the Trump administration in April this year. The announcement came as trade tensions between Beijing and Washington have been easing. In May, the two governments agreed a temporary truce in their tariffs war. They set a 12 August deadline to reach a longer term deal over the high tariffs imposed on each other since Trump returned to the White House this year. In recent weeks, Beijing has relaxed trade controls on rare earth exports, while the US has lifted restrictions on chip design software firms operating in China. Nvidia has long viewed China as a crucial market, with the country ranking among its top buyers globally. Nvidia's chief executive Jensen Huang has spent months lobbying both sides for a resumption of sales of H20 chips in China. The company said that Mr Huang, who is currently in China, met Trump to reaffirm Nvidia's commitment to create jobs and ensure the US leads in AI worldwide. Mr Huang also met Chinese government and industry officials to discuss how AI can raise productivity and ways to advance research safely.

NVIDIA CEO Jensen Huang Promotes AI in Washington, DC and China

NVIDIA to resume H20 sales to China, announces new, fully compliant GPU for China. This month, NVIDIA founder and CEO Jensen Huang promoted AI in both Washington, D.C. and Beijing -- emphasizing the benefits that AI will bring to business and society worldwide. In the U.S. capital, Huang met with President Trump and U.S. policymakers, reaffirming NVIDIA's support for the Administration's effort to create jobs, strengthen domestic AI infrastructure and onshore manufacturing, and ensure that America leads in AI worldwide. In Beijing, Huang met with government and industry officials to discuss how AI will raise productivity and expand opportunity. The discussions underscored how researchers worldwide can advance safe and secure AI for the benefit of all. Huang also provided an update to customers, noting that NVIDIA is filing applications to sell the NVIDIA H20 GPU again. The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon. Finally, Huang announced a new, fully compliant NVIDIA RTX PRO GPU that "is ideal for digital twin AI for smart factories and logistics." As Huang noted during his visits, the world has reached an inflection point -- AI has become a fundamental resource, like energy, water and the internet. Jensen emphasized NVIDIA's commitment to support open-source research, foundation models and applications, which democratize AI and will empower emerging economies in every region, including Latin America, Europe, Asia and beyond.

Nvidia CEO Meets With Trump and Secures Permission to Sell AI Chips in China Again

The Nvidia CEO has been criss-crossing the globe to shake the right hands. It’s been a very busy week for Nvidia CEO Jensen Huang. After meeting with President Donald Trump and senior officials in Beijing in recent days, Huang has secured a major victory for his AI-chip empire. On Monday, Nvidia announced that the U.S. government will allow it to resume sales of its H20 AI chips in China. The company still needs to secure official licensing approval from the Trump administration, but officials have reportedly assured Nvidia “that licenses will be granted.†The company said in a blog post that it’s already filing the necessary applications and plans to begin shipments soon. The H20 chip is a dialed-down version of Nvidia’s powerhouse H100 semiconductor, built specifically for the Chinese market to comply with U.S. export restrictions. Nvidia is still banned from selling its most advanced chips to China due to national security concerns. The restrictions are also part of a broader effort to maintain America’s edge in AI. Back in April, those curbs tightened even more. After the unexpected success of the Chinese AI startup DeepSeek, the U.S. halted exports of the modified H20 chips, costing Nvidia potentially billions of dollars in sales. But now, it appears all but certain that Huang has managed to convince Trump that selling to China is actually a win for America. According to the company, during Huang’s meeting with Trump and other U.S. policymakers, he reaffirmed “NVIDIA’s support for the Administration’s effort to create jobs, strengthen domestic AI infrastructure and onshore manufacturing, and ensure that America leads in AI worldwide.†Huang has also made the case that if the future is AI, it’s better that it runs on American hardware. “General-purpose, open-source research and foundation models are the backbone of AI innovation,†Huang told reporters in D.C. “We believe that every civil model should run best on the U.S. technology stack, encouraging nations worldwide to choose America.â€â€¯Â This news comes just days after Nvidia made history, becoming the first company ever to reach a $4 trillion market cap. Founded in 1993, Nvidia’s chips were mostly known for decades for their use in gaming and computer graphics; however, they have now become the backbone in some major tech advances including AI, robotics, and autonomous vehicles.

Nvidia says Trump administration lifts ban on AI chip sales to China

Washington has been concerned China could use Nvidia's chips to get a jump on the U.S. in high-tech fields, particularly when it comes to artificial intelligence. Nvidia said the U.S. government is allowing the Silicon Valley giant to sell its artificial intelligence chips to China, reversing course after banning the sales in April. The company said in a blog post Monday that it is filing applications to sell its H20 chips to China with the U.S. government, which, it said, has assured the company that they will grant licenses. Nvidia said it "hopes to start deliveries soon." It also announced a new chip which is "fully compliant" for Chinese customers. The White House did not immediately confirm Nvidia's statement. The announcement comes as Jensen Huang, Nvidia's CEO, is visiting Beijing this week, after meeting President Donald Trump in Washington on Thursday. The development underscores the firm's attempt to straddle the U.S. and China, even as the two largest economies in the world struggle to manage trade tensions and competition over critical technologies like artificial intelligence. "Nvidia's story and its position is shared by countless American corporates who find themselves caught in the crosshairs of the U.S.-China geopolitical competition," said Ryan Fedasiuk, a former tech policy adviser in the U.S. State Department's Office of China Coordination in the Biden administration. "But Nvidia may be unique in that it is such an important company for the global economy and for American national security," he said. Nvidia, which became the first publicly traded company to close at a $4 trillion market capitalization this month, makes chips necessary to train the most advanced AI models. China is an important market for the firm: It is home to a slew of leading artificial intelligence firms and a rich ecosystem of developers. About 13 percent of Nvidia's revenue came from China last year, according to company filings. But Nvidia's business in China has spurred concern in Washington, where some are concerned that selling chips to China could be helping Beijing's military and could degrade the U.S.'s position in global high-tech competition. U.S. Senators Elizabeth Warren and Jim Banks emphasized those concerns in a letter on Friday to Huang about his trip to China, asking the executive not to meet with any companies working with China's "military or intelligence establishment." Huang has been dismissive of those concerns and criticized Washington's export controls. Asked in an interview with CNN on Sunday about the possibility of Nvidia's chips being used by Chinese military and intelligence, Huang said: "We don't have to worry about that." He also argued that in order for the U.S. to maintain AI leadership, American technology needs to remain the "global standard" and used by developers all across the world. Not everyone agrees with this argument. "It's very hard to disentangle China's AI ambitions for the commercial space from the military space," said a former U.S. Commerce Department official who asked for anonymity to discuss sensitive national security matters. "Jensen has been very clear that he doesn't see a military nexus to what he sells," the former official said, but "there was plenty of open source and classified intelligence showing that the PLA was working quite hard to get its hands on these chips," using the abbreviation for China's People's Liberation Army. The Trump administration's reversal also comes amid broader trade negotiations between Washington and Beijing. The Trump administration pledged to lift some recent export controls on China in trade talks with Beijing amid a damaging tariff showdown between the two countries. It's unclear if the decision on Nvidia is connected to trade talks. Huang's visit to China this week -- his third this year -- includes visits with government and industry leaders, according to the company. He will also hold a news conference on Wednesday. In April, Huang met with Chinese Vice Premier He Lifeng in Beijing. An article published Tuesday in The Paper, a Chinese state-run outlet, said Huang's visits "reaffirm his commitment to the Chinese market at a critical moment." Though Chinese tech firms are likely cheering Washington's new policy, Beijing is also attempting to reduce reliance on oversees technology like Nvidia chips and develop homegrown alternatives through Chinese giants like Huawei Technologies. "China is in a weird position because they continue to be dependent on Nvidia and its product lines to sustain near-term growth in China's AI industry," said Fedasiuk. "But I think it should be clear to Nvidia that the company is dispensable in China. China is actively pouring hundreds of billions of dollars into an effort to dispense with Nvidia in its market" Pei-Lin Wu in Taipei contributed to this report.

NVIDIA to resume chips sales to China

Why it matters: The company was staring down export restrictions on a massive market. What they're saying: "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," a company blog post states about the move to greenlight the sale of the H20 graphics processing units. Catch up fast: NVIDIA founder and CEO Jensen Huang has been in D.C. this month meeting with President Trump, administration officials and lawmakers emphasizing the benefits of AI.

Trump permits Nvidia to sell advanced chips in China, CEO says

Nvidia's CEO, Jensen Huang, says the chipmaker has won approval from the Trump administration to sell its advanced computer chips used to develop artificial intelligence to China. "Today, I'm announcing that the US government has approved for us filing licenses to start shipping H20s," Huang told reporters in Beijing. The news came in a company blog post late on Monday. "The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the post said. Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. Chinese buyers have lined up to buy the semiconductors in response to the news, according to early reports. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market," he said. He noted that half of the world's AI researchers are in China. Huang recently met with Donald Trump and other US policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials. The broadcast showed the executive meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from rapid adoption of AI, becoming the first company to have its market value surpass $4tn last week. However, the trade rivalry between the US and China has been weighing heavily on the company and the industry writ large. Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that knowhow meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities that would compete with those from the US. In January, before Trump began his second term in office, the Biden administration launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. Then in April, Trump's White House announced that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5bn, and Huang and other technology leaders have been lobbying Trump to reverse the restrictions. They argue that such limits hinder US competition in a leading-edge sector in one of the world's largest markets for technology. They've also warned that US export controls could end up pushing other countries toward China's AI technology.

China regains access to Nvidia chips after US lifts restrictions

Nvidia is planning to resume sales of its H20 AI chips to China after the US government confirmed it would grant the tech giant export licenses. The move comes after Nvidia CEO Jensen Huang's visit to China and his discussions with US President Donald Trump, all in a bid to reach an agreement and resume sales. As a result, it's believed that Chinese companies like ByteDance and Tencent are now lining up to place orders on H20 chips after a brief pause to exports. Nvidia had already custom-designed the H20 chip for China after US export restrictions, but it was banned in April 2025, leading to an estimated cost of $10-15 billion in lost sales and a further $5.5 billion in inventory write-offs. The costs were so significant that Nvidia declared these losses in its quarterly earnings report. The potential approval of licenses by the US government could reverse charges, bringing in an additional $15-20 billion in revenue this year. However, Trump isn't necessarily expressing a preference for Nvidia. AMD is also expecting review of its export licenses for MI308 chips after reporting a smaller but still noteworthy $1.5 billion impact from export curbs. Although domestic competition has heated up in China, many firms still prefer Nvidia for its CUDA ecosystem. Huang also acknowledged the importance of China to Nvidia's strategy, calling the market "massive, dynamic, and highly innovative" (via Reuters). The potential easing of restrictions comes at an important time - China also eased rare earth export restrictions, suggesting the two global superpowers could be slowly reaching an agreement.

Nvidia's Jensen Huang plans to meet with Chinese officials

Jensen Huang is heading back to Beijing, and he's hoping to bring a message: Nvidia isn't giving up on China, no matter how high the geopolitical stakes get. According to reporting from The Financial Times and Bloomberg, the chip giant's CEO is expected to meet with top Chinese officials, including Premier Li Qiang and Vice-Premier He Lifeng, while attending the government-backed International Supply Chain Expo next week. Though Nvidia declined to comment on Huang's agenda, people familiar with his plans say the CEO wants to reaffirm the company's commitment to China. That means the trip could be part diplomacy, part damage control, and part preview of a key product pivot that's aimed squarely at navigating tightening U.S. export restrictions. For Huang, who just led Nvidia to a record $4 trillion valuation, the stakes are incredibly high. Nvidia is preparing to launch an AI chip designed specifically for China as early as September. According to The Financial Times, the processor -- based on its RTX Pro 6000 Blackwell architecture -- will be stripped of advanced features such as high-bandwidth memory and NVLink to comply with rules implemented under President Donald Trump's administration that prohibit the sale of Nvidia's most powerful AI hardware to Chinese buyers. This chip won't be the blockbuster H100 or Blackwell B200 that's fueling data centers across the West, but it'll be something -- and that, Nvidia hopes, will be enough to keep a $17 billion market alive. China accounts for about 13% of Nvidia's total sales and remains the world's largest ecosystem of AI developers. That has made the country both indispensable and increasingly fraught. The company's H20 chip, introduced last year to meet the previous round of export guidelines, was effectively banned in April, costing Nvidia $15 billion. Huang has described chip restrictions as counterproductive. In May, he called the Biden administration's curbs a "failure," saying that they've only accelerated China's domestic chip efforts and handed a strategic edge to homegrown rivals such as Huawei. U.S. officials, meanwhile, are showing no signs of backing off. According to Bloomberg, the Trump administration is reportedly preparing to restrict chip exports to Malaysia and Thailand -- both major transit hubs -- as part of a broader campaign to prevent backdoor shipments to China. Taiwan, a major semiconductor hub, recently blacklisted Huawei. At the same time, Chinese firms such as Alibaba, ByteDance, and Tencent have been aggressively testing alternatives from domestic rivals and reevaluating their reliance on U.S.-designed chips altogether. Nvidia is betting that any changes to the AI chips being used won't happen overnight. While Chinese chips are catching up in raw performance, many firms remain deeply tied to Nvidia's CUDA software ecosystem, which powers AI workloads across industries. Still, Huang is walking a diplomatic tightrope. Nvidia wants to maintain a stronghold in China without crossing any red lines in Washington. Launching a purpose-built chip -- one that sacrifices cutting-edge power in exchange for regulatory compliance -- is Huang's current middle path. But that road is getting narrower. Whether this latest trip to China results in regulatory clarity, market reassurance, or simply another headline, Huang's presence in the country should let senior officials know that Nvidia is still playing to win in China, even if geopolitical tensions keep upending the rules.

Nvidia CEO Jensen Huang says 'doing our best' to serve China after meeting Beijing officials

Huang is in the Chinese capital this week to attend the China International Supply Chain Expo, a forum for the country to boost its image as the global defender of free trade in contrast to the tariff chaos sparked by US President Donald Trump. He said officials had told him the country was "open and stable". "We spoke about... China welcoming foreign companies to invest here and build businesses here, and that China is open and stable," he told reporters at the expo. Huang also said he had told them his firm, which last week became the first to hit $4 trillion in market value, was keen to serve the massive Chinese market for microchips needed in everything from mobile phones to electric vehicles. "They want to know that Nvidia continues to invest here, that we are still doing our best to serve the market here," he said. Huang also addressed the expo's opening ceremony on Wednesday morning, when he hailed China's role in pioneering artificial intelligence. "China's open-source AI is a catalyst for global progress, giving every country and industry a chance to join the AI revolution," he said in a reference to Chinese AI startup DeepSeek. "AI is transforming every industry, from scientific research and healthcare to energy, transportation and logistics," he said. Huang praised China's "super-fast" innovation, powered by its "researchers, developers and entrepreneurs". Nvidia announced on Tuesday that it will resume sales of its H20 AI chips to China after Washington pledged to remove licensing restrictions that had halted exports. The California-based company produces some of the world's most advanced semiconductors but cannot ship its most cutting-edge chips to China due to concerns that Beijing could use them to enhance military capabilities. Nvidia developed the H20 -- a less powerful version of its AI processing units -- specifically for export to China. However, that plan stalled when the Trump administration tightened export licensing requirements in April. But Nvidia said this week Washington had told it that "licences will be granted, and Nvidia hopes to start deliveries soon". The announcement from Nvidia boosted tech firms around the world, with Wall Street's Nasdaq exchange rising to another record high. Asked on Wednesday about whether he had sought to sway Trump before heading to China, Huang said: "I don't think I changed his mind". "It's my job to inform the president about what I know very well, which is the technology industry, artificial intelligence," he told reporters. The tightened US export curbs come as China's economy wavers, with domestic consumers reluctant to spend and a prolonged property sector crisis weighing on growth. President Xi Jinping has called for greater self-reliance in the face of increasing external uncertainty. Vice Premier He Lifeng, in a thinly veiled swipe at Trump in his opening remarks at the expo, said: "... some countries are interfering in the market under the pretext of reducing risk, using measures such as imposing tariffs". "Global changes of a century are accelerating, with multiple risks intertwining and piling up," he added. "We need to further build a shared consensus on development, firmly oppose the politicisation... and over-securitisation of economic and trade issues." The foreign ministry in Beijing also hailed Wednesday's expo as a "new calling card for China's high-level opening up to the outside world". "China is willing to continue working with all parties to safeguard the stability and smooth operation of global production and supply chains and promote the building of an open world economic system," spokesman Lin Jian said.

Nvidia's CEO wants to sell more advanced AI chips to China

Jensen Huang wants China buying more than just Nvidia's "fourth-best" chips, and he's not being subtle about it. On a high-profile visit to Beijing this week -- his third of the year -- the Nvidia CEO told reporters that Nvidia is "doing [its] best" to serve the world's second-largest economy after meeting with senior Chinese officials. His comments come just days after the U.S. allowed Nvidia to resume sales of its downgraded H20 AI chip to Chinese clients. But, Huang made it clear that just re-entry isn't enough. He wants to sell more advanced chips, not just the limited versions now approved under U.S. export controls. "Whatever we're allowed to sell in China will continue to get better and better over time," he said, referencing Nvidia's Hopper chip architecture, which the H20 is built on. "Technology is always moving," Huang told reporters in Beijing. "I think it's sensible that whatever we're allowed to sell in China will continue to get better and better over time." Huang's remarks came at the China International Supply Chain Expo, where he praised China's "super-fast" innovation and hailed its AI ecosystem as "world-class," name-checking DeepSeek, Alibaba, and Tencent. "China's open-source AI is a catalyst for global progress," he said, while also praising China's "super-fast" innovation powered by the country's "researchers, developers, and entrepreneurs." He told state broadcaster CCTV that the Chinese market is "massive, dynamic, and highly innovative" and said it's crucial for American firms to maintain roots there. Huang is also expected to hold a closed door media event in Beijing later on Wednesday afternoon. The billionaire CEO's comments are a far cry from the tone in Washington. Commerce Secretary Howard Lutnick on Tuesday downplayed Nvidia's move into China, calling the H20 the company's "fourth-best" chip and arguing that allowing China to buy limited tech keeps it tethered to American suppliers, while staying a safe distance from military-grade performance. "We don't sell them our best stuff, not our second best stuff, not even our third best," Lutnick said in a CNBC interview. "The fourth one down, we want to keep China using it. ... We want to keep having the Chinese use the American technology stack, because they still rely upon it. ... You want to sell the Chinese enough that their developers get addicted to the American technology stack." But Huang's message from Beijing was more forward-looking: Nvidia wants to stay in the Chinese market -- not just with what it's allowed to sell today but with what it hopes it will be able to sell tomorrow. "[Chinese officials] want to know that Nvidia continues to invest here," Huang said. "We are still doing our best to serve the market here." The CEO said he was told that China is "welcoming foreign companies to invest here and build business here" and that the country is "open and stable." Beijing's foreign ministry said the expo serves as a "new calling card for China's high-level opening up to the outside world." Spokesman Lin Jian said, "China is willing to continue working with all parties to safeguard the stability and smooth operation of global production and supply chains and promote the building of an open world economic system." Nvidia, now the world's most valuable public company, has been caught in the middle of a growing geopolitical tug-of-war. The H20 was designed specifically to sidestep U.S. export restrictions that bar sales of Nvidia's most powerful chips to China. Still, the chip hit a wall earlier this year when, in April, the Trump administration tightened licensing rules, prompting a $4.5 billion write-down in Nvidia's earnings and a $2.5 billion revenue shortfall last quarter. As a result, Huang is playing both sides carefully. Just days ago, he met with President Donald Trump in the U.S. to brief him on AI policy and trade risks. "It's my job to inform the president about what I know very well," he told reporters about the conversation. When asked if Huang thought he swayed the president on export controls, the CEO said, "I don't think I changed his mind." According to U.S. officials, the H20 sales resumption is tied to continued trade negotiations with Beijing over rare-earth materials, which the U.S. desperately needs for its own defense and tech supply chains. Lutnick, in the CNBC interview, said the chip exports are a strategic tool, not a giveaway. But Huang struck a slightly different tone. "The recent change came out of constructive discussions between the U.S. and Chinese governments around export controls," Huang told reporters at the expo. He said that he has been "assured that the licenses will come very fast," adding that "there are many order books already in," reportedly from giants such as Tencent and ByteDance -- though neither has yet confirmed that. Formal U.S. export licenses are still required for every transaction. And there may be more chips on the horizon: Nvidia previewed an export-compliant RTX Pro GPU designed specifically for Chinese clients . Inside Nvidia, the calculus is clear. Losing the China market would be a "tremendous loss," as Huang told CNBC in early May. At that time, he estimated that the Chinese AI market could be worth $50 billion within two to three years and said that over 50% of the world's AI researchers work in China, and cutting them off means handing the AI stack to someone else. "If all the AI developers are in China," he told CNBC earlier this year, "the China stack is going to win." Huang is still trying to thread a needle that few CEOs can: championing U.S. innovation, playing by Washington's rules, and still managing to charm Beijing. Getting the H20 back in China is just a first step. The real prize is a pipeline of future chips that are good enough for China's booming AI market -- all without crossing the line. And if anyone can sell that vision to both superpowers, it's the CEO of the world's most valuable chipmaker.

Nvidia poised for major boost after CEO Jensen Huang gets Trump to approve AI chip sales to China

Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the post said. "Today, I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said. Huang recently met with Trump and other U.S. policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials. The broadcast showed Huang meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from rapid adoption of AI, becoming the first company to have its market value surpass $4 trillion last week. However, the trade rivalry between the U.S. and China has been weighing heavily on the industry. Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that know-how meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities. In January, before Trump began his second term in office, the administration of President Joe Biden launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5 billion, and Huang and other technology leaders have been lobbying President Donald Trump to reverse the restrictions. They argue that such limits hinder U.S. competition in a leading edge sector in one of the world's largest markets for technology. They've also warned that U.S. export controls could end up pushing other countries toward China's AI technology. Nvidia's U.S. traded shares slipped 0.5% in afterhours trading Monday, but its shares traded in Frankfurt, Germany, jumped 3.2% early Tuesday.

Nvidia can export chips to China after Huang, Trump meet

Jensen Huang walked into the White House -- and walked out with his ticket back into China. Nvidia said in a company blog post on Monday that it has received assurances from the Trump administration that Commerce Department licenses for the company's H20 AI chip will be granted, allowing the $4 trillion powerhouse to restart deliveries to China. The announcement comes just days after Huang reportedly made the case directly to President Donald Trump and Commerce Secretary Howard Lutnick. The timing for Nvidia couldn't be better. Huang is in Beijing this week to meet with senior Chinese officials and speak at a media event, bringing with him both fresh approval from Washington and a new, stripped-down chip tailored for China's tightly controlled import rules. This is Nvidia's clearest path yet to salvaging its business in one of its most critical markets. The H20 was supposed to be Nvidia's big workaround for restrictions on sales of powerful AI hardware to China. When the U.S. tightened export rules last year, Nvidia responded by launching the chip, a lower-spec version of its flagship GPU designed to fall just under those limits. But in April, the Commerce Department blocked the H20 anyway, leaving Nvidia with billions in stranded inventory and Chinese customers in limbo. Now, the U.S. has reversed course -- at least partially. Nvidia says it hopes to begin H20 shipments to China "soon." For Nvidia, the decision cracks open a market that had largely gone dark. Chinese companies, including ByteDance, Alibaba Group, and Tencent Holdings, had reportedly ordered as much as $16 billion worth of H20 chips before the ban. Nvidia ended up writing off roughly $5 billion in inventory; Huang said the restrictions cost the company $15 billion. With the H20 suddenly back on the table, a sizable chunk of that business could be revived. Alongside the H20, Nvidia is also introducing a "China-compliant" chip: the RTX Pro, a lower-performance model designed for industrial and logistics applications that Huang said "is ideal for digital twin AI for smart factories and logistics." The new chip meets U.S. export rules and was cleared without controversy. The RTX Pro should give Nvidia a legal and diplomatic safety valve, keeping one foot in the Chinese market even if future restrictions tighten (again). "This is a monster win for the Godfather of AI Jensen [Huang] and Nvidia," Wedbush analyst Dan Ives wrote in a Tuesday note. "Its also a major bullish tailwind for the tech sector as the green light for Nvidia will propel Street estimates to go up meaningfully over the coming years with China back in the fold." Huang has been making the case for walked-back export restrictions. In a recent interview with CNN's Fareed Zakaria, the Nvidia CEO warned that aggressive export restrictions would only accelerate China's development of domestic alternatives, ultimately undermining U.S. leadership in AI. "Depriving someone of technology is not a goal, it's a tactic," Huang said. "And that tactic was not in service of the goal." He added: "Our mission properly expressed, in order for America to have AI leadership, is to make sure that the American tech stack is available to markets all over the world so that amazing developers, including the ones in China, are able to build on American tech stack so that A.I. runs best on the American tech stack." That argument appears to have landed. In the meeting with Trump, Huang emphasized that U.S. dominance in AI depends on letting American companies compete everywhere, not just at home. "General-purpose, open-source research and foundation models are the backbone of AI innovation," Huang told reporters in D.C. "We believe that every civil model should run best on the U.S. technology stack, encouraging nations worldwide to choose America." Nvidia's presence in China has long been a balancing act. At its peak, the company commanded more than 90% of China's data center GPU market. But after multiple rounds of export controls, that share has dropped to around 50%. Domestic rivals such as Huawei and Biren have gained ground; Chinese tech giants such as Baidu and Alibaba are testing alternative platforms (including Huawei's Ascend chips); and smaller players such as Moore Threads, Enflame, and Iluvatar CoreX are rapidly growing, with IPOs planned -- totaling almost $1.7 billion and aimed at capitalizing on the West's retreat. Still, Nvidia's technology remains hard to replace. The vast majority of China's most advanced AI data centers -- including close to 40 recently announced projects that will be loaded with more than 115,000 high-end Nvidia GPUs -- still rely on Nvidia chips, often stockpiled through intermediaries or legacy contracts. Chinese firms may be building, but they're still playing catch-up. Markets responded immediately to the news. Nvidia's stock jumped nearly 3% in after-hours trading Monday and 4.8% in early Tuesday trading. Other chipmakers with China exposure, including AMD (7.2%) and Broadcom (1.9%), also rose early Tuesday. Politically, giving the H20 the green light is a calculated move. Beijing has made semiconductors a centerpiece issue in trade talks, and China has pushed for unfettered access to AI chips in summits. Meanwhile, China's at-home chip play continues full throttle. Whether the White House is making a one-off concession or signaling the start of a broader policy shift remains to be seen. The Trump administration has kept a tight grip on high-tech exports and has said only a small number of licenses will be granted. But this move -- timed to Huang's Beijing trip and aligned with Chinese trade talks -- reads like a carefully calibrated exception. Huang arrived in Beijing with a message that seems to resonate in both capitals: Nvidia wants to win globally, and the U.S. can't lead in AI if its top companies are sidelined. For now, that message appears to be working. The chips are moving. The licenses are coming. The move to allow Nvidia into China gives the company breathing room -- and reopens a vital revenue stream in one of the world's most AI-hungry markets. And for Huang, who has become the face of the global AI boom, it's a reminder that silicon strategy now moves at the speed of diplomacy.

Trump official says China won't get Nvidia's best AI chips

In an interview with CNBC on Tuesday, Commerce Secretary Howard Lutnick said that Nvidia will only offer China its "fourth best" AI chips after the Trump administration reversed course to let the tech giant sell its chips again to China. "We don't sell them our best stuff, not our second best stuff, not even our third best," Lutnick said in the interview. "The fourth one down, we want to keep China using it. ... We want to keep having the Chinese use the American technology stack, because they still rely upon it." Lutnick said in the interview that China is "more than capable of building their own" but the U.S. wants to "keep one step ahead of what they can build, so they keep buying our chips. ... You want to sell the Chinese enough that their developers get addicted to the American technology stack. ... That's the thinking." The vast majority of China's most advanced AI data centers -- including close to 40 recently announced projects that will be loaded with more than 115,000 high-end Nvidia GPUs -- still rely on Nvidia chips, often stockpiled through intermediaries or legacy contracts. The Trump official's comments come a day after Nvidia, an AI computing company, announced its return to China. Nvidia said in a company blog post on Monday that it has received assurances from the Trump administration that Commerce Department licenses for the company's H20 AI chip will be granted, allowing the $4 trillion powerhouse to restart deliveries to China. The announcement comes just days after Huang reportedly made Nvidia's case directly to President Donald Trump and Lutnick. The H20 was supposed to be Nvidia's big workaround for restrictions on sales of powerful AI hardware to China. When the U.S. tightened export rules last year, Nvidia responded by launching the chip, a lower-spec version of its flagship GPU designed to fall just under those limits. But in April, the Commerce Department blocked the H20 anyway, leaving Nvidia with billions in stranded inventory and Chinese customers in limbo. Now, the U.S. has reversed course -- at least partially. Nvidia says it hopes to begin H20 shipments to China "soon." Alongside the H20, Nvidia is also introducing a "China-compliant" chip: the RTX Pro, a lower-performance model designed for industrial and logistics applications that Huang said "is ideal for digital twin AI for smart factories and logistics." The new chip meets U.S. export rules and was cleared without controversy. The RTX Pro should give Nvidia a legal and diplomatic safety valve, keeping one foot in the Chinese market even if future restrictions tighten (again). -- Shannon Carroll contributed to this article.

China doesn't need NVIDIA chips for military power, CEO says

NVIDIA CEO Jensen Huang says China doesn't need to use the American tech stack or his company's semiconductor chips to train AI for its military. NVIDIA CEO Jensen Huang said China doesn't need his company's semiconductor chips to boost its military power. China "simply can't rely" on American technologies because "it can be limited at any time," Huang said in an interview with CNN. There's "plenty of computing power in China already," he said, adding that the country has developed hundreds of supercomputers that train artificial intelligence (AI) models for the military. In response to a question about winning the global AI race, Huang said he believes it doesn't matter whether the AI chatbot everyone uses is Chinese or American. "The question of does it really matter, no; but in a final analysis, I believe it is core to the American spirit to want to be the world's best in computing technology," he said. US President Donald Trump has threatened global tariffs on allies and competitors, in which he says is a bid to boost the American economy. Huang called Trump's actions "not a goal, it's a tactic," which goes against getting companies around the world, including in China, to be reliant on the American tech stack, a combination of programming languages, frameworks and databases used to build any software application. Huang compared blocking China's access to the US tech stack to the recent Chinese ban on rare earth mineral exports to the US, in that it spurred America to develop their own solutions instead. (These minerals are used to manufacture computer chips like NVIDIA's). So far, the Trump administration has exempted foreign-made semiconductor products from its Liberation Day tariffs, but the President has threatened to impose levies against them several times. China now has a 30 per cent tariff rate across all its goods, a significantly smaller tariff than the initial 125 per cent that was proposed by the Trump administration earlier this year. NVIDIA was the first company to reach $4 trillion (€ 3.42 trillion) valuation last week because of its semiconductor chips that are supporting the AI industry.

Nvidia says it will resume sales of 'H20' AI chips to China

Beijing (AFP) - US tech giant Nvidia said on Tuesday it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports. The California-based firm produces some of the world's most advanced semiconductors but is not allowed to ship its most cutting-edge chips to China owing to concerns that Beijing could use them to boost its military capabilities. It developed the H20 -- a less powerful version of its AI processing units -- specifically for export to China, although that plan hit the skids when the Trump administration firmed up export licence requirements in April. The company said in a statement on Tuesday that it was "filing applications to sell the Nvidia H20 GPU again". "The US government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," the statement said. Nvidia CEO Jensen Huang said in a video published by Chinese state broadcaster CCTV on Tuesday "the US government has approved for us (to file) licences to start shipping H20s, and so we will start to sell H20s to the Chinese market". "I'm looking forward to shipping H20s very soon, and so I'm very happy with that very, very good news," Huang, wearing his trademark black leather jacket, told a group of reporters. CCTV said in a separate report that Huang would attend a major supply chain gathering on Wednesday. The Taiwan-born executive "will be present at the opening ceremony of the 3rd China International Supply Chain Expo on July 16 and will participate in related activities", the broadcaster said. It cited the China Council for the Promotion of International Trade, an official body controlled by Beijing's commerce ministry. It will be Huang's third trip to China this year, according to CCTV. 'Positive role' China is a crucial market for Nvidia but in recent years the US export squeeze has left it battling tougher competition from local players such as homegrown champion Huawei. Beijing has decried Washington's curbs as unfair and designed to hinder its development. Huang, an electrical engineer, told Chinese Vice Premier He Lifeng on a visit to Beijing in April that he "looked favourably upon the potential of the Chinese economy", according to state news agency Xinhua. He said he was "willing to continue to plough deeply into the Chinese market and play a positive role in promoting US-China trade cooperation", Xinhua reported. The tightened US export curbs have come as China's economy wavers, with domestic consumers reluctant to spend and a prolonged property sector crisis weighing on growth. President Xi Jinping has called for China to become more self-reliant as uncertainty in the external environment increases. The Financial Times reported in May that Nvidia was planning to build a research and development centre in Shanghai. Neither Nvidia nor the city's authorities confirmed the project to AFP at the time. China's economy grew 5.2 percent in the second quarter of the year, official data showed on Tuesday, after analysts predicted strong exports despite trade war pressures.

Nvidia to sell H20 chips to China again after US gives export approval

The move is a U-turn for the government, which in April banned sales of the chip to China. US tech giant Nvidia will start selling its H20 AI chip in China again after the Trump administration relaxed export restrictions. The White House gave assurances that it would grant licenses for the product in the Chinese market, the firm said on Tuesday in a blog post. The move is a U-turn for the government, which in April banned sales of the chip to China, linked to concerns that the technology could be used for military purposes. At the time, Nvidia said it had been told that the export control would stay in place for the "indefinite future". Nvidia claimed in May that it had taken a $4.5 billion (€3.8bn) inventory cost hit in the April quarter because of the restrictions and added that it had missed out on an additional $2.5bn (€2.1bn) in sales. The announcement temporarily sent its share price plunging. The H20 chip was specifically designed for the Chinese market, in line with restrictions introduced by former president Joe Biden in 2023. When in office, Trump overhauled the Biden-era curbs but imposed restrictions on Nvidia's H20 AI chip. On Tuesday, Nvidia also announced a new China-specific AI chip it said was "fully compliant" with export rules. Tuesday's announcement comes after Nvidia CEO Jensen Huang has spent months lobbying in both the US and China. Huang argued that Trump's restrictions were a "failure" in the sense that they were boosting China's AI capabilities, notably as the market could no longer rely on American products. Exports of the chip do, however, help Chinese AI companies like DeepSeek, that use Nvidia chips to create their products. The breakthrough comes as relations between Washington and Beijing have thawed in recent weeks. Earlier this year, the Trump administration threatened a 145% duty on Chinese goods sent to the US, and Beijing responded with a 125% retaliatory tariff. The two sides decided to lower these taxes in May, and then agreed on a trade framework last month. The trade agreement seeks to ease restrictions on exports of raw materials and other critical technologies. Throughout earlier talks, Donald Trump had nonetheless suggested that curbs on the H20 AI chip wouldn't be relaxed as part of the framework. Both China and the US are seeking to find a permanent solution to replace the temporary trade truce before a 12 August deadline. Nvidia's Huang is currently in Beijing to hold talks with government officials, after meeting with President Trump last week. The CEO also announced plans to create a new graphics processing unit, the RTX PRO, for the Chinese market, which he said is fully compliant with US export controls.

Nvidia says it will resume H20 AI chip sales to China 'soon,' following U.S. government assurances

Jensen Huang, co-founder and CEO of Nvidia, at a news conference in Taipei, Taiwan on May 21.I-Hwa Cheng / AFP via Getty Images Nvidia said Tuesday that it hopes to resume sales of its H20 general processing units to China, in a major win for the company that has suffered from U.S. export curbs. The U.S. government in April told Nvidia it would require a license to sell the chips to China, the company said in a filing, effectively halting their sales. The H20 chips had been designed specifically to bypass earlier export controls on Beijing. "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," the company said in a statement Tuesday. Nvidia CEO Jensen Huang in recent months has ramped up his lobbying against export controls, arguing that they inhibited American tech leadership. In May, Huang said chip restrictions had already cut Nvidia's China market share nearly in half. The potential change in U.S. stance follows a meeting between Huang and U.S. President Donald Trump last week. During the talks, Huang had reaffirmed Nvidia's support for the administration's job creation and onshoring efforts, as well as the aim for America to lead in global AI, the company said. Washington and Beijing last month agreed to a preliminary trade framework that allowed relaxing rare-earth export controls by China and easing of tech export curbs by the U.S. Huang also announced a new "fully compliant" GPU -- RTX PRO -- saying it was ideal for smart factories and logistics. It was not clear if the reference was to the GPU being compliant with guidelines for exports to China. Since May, reports had indicated that Nvidia was working on a new AI chip for the China market, which would be less advanced than the H20. However, the potential resumption of H20 chips to China comes as a surprise, Ray Wang, research director of semiconductors, supply chain and emerging technology at Futurum Group, told CNBC. "The lifting of the H20 ban marks a significant and positive development for Nvidia, which will enable the company to reinforce its leadership in China," Wang said. "The resumption of H20 shipments -- alongside the upcoming rollout of new export control-compliant AI chips for the Chinese market -- should serve as a fresh growth catalyst in the coming quarters," he added. Nvidia shares were up 4.5% on trading platform Robinhood as of 12:20 a.m. ET. On Tuesday, Nvidia also confirmed that Huang was in China and had met government and industry officials to discuss the benefits of AI and ways for researchers to advance safe and secure AI. When the export controls on the H20 chip set in in April, some chip experts had expected it to be a boon for local Nvidia alternatives such as Huawei. However, while China's AI chip environment has been making progress, it remains behind the capabilities of Nvidia and chip foundries like Taiwan Semiconductor Manufacturing Co. Speaking to CNBC's "The China Connection" on Tuesday, Louise Loo, lead economist for China at Oxford Economics, said a reversal of the H20 export controls would buy Chinese manufacturers more time as they await advancements in China's indigenous technology. "We know from from our conversations with clients and market participants, that manufacturers in China are preferring these Nvidia chips," she added.

Nvidia's Huang says 'doing our best' to serve Chinese market

Beijing (AFP) - Nvidia CEO Jensen Huang said on Wednesday his firm was "doing our best" to serve China's vast market for semiconductors after it secured permission from the United States to sell chips to the world's second-largest economy. Nvidia last week became the first company to hit $4 trillion in market value -- a new milestone in Wall Street's bet that artificial intelligence will transform the global economy. The firm now has a market value greater than the GDP of France, Britain or India, a testament to investor confidence that AI will spur a new era of robotics and automation. But it has also found itself in the crosshairs of a brutal China-US battle for dominance in semiconductor production, vital to the manufacturing of smartphones, wind turbines, military equipment and other goods. In a rare concession, Nvidia said on Tuesday it will resume sales of its H20 AI chips to China after Washington pledged to remove licensing restrictions that had halted exports. Huang is in the Chinese capital this week to attend the China International Supply Chain Expo, a forum for the country to boost its image as the global defender of free trade in contrast to the tariff chaos sparked by US President Donald Trump. China 'open and stable' He told reporters at that expo that top officials, including Vice Premier He Lifeng, had assured him this week that China was "open and stable". They discussed "China welcoming foreign companies to invest here and build businesses here and that China is open and stable", he said. Huang also said he assured them his firm was keen to serve the massive Chinese market for microchips needed in everything from mobile phones to electric vehicles. "They want to know that Nvidia continues to invest here, that we are still doing our best to serve the market here," he said. Huang also addressed the expo's opening ceremony on Wednesday morning, when he hailed China's role in pioneering AI. "China's open-source AI is a catalyst for global progress, giving every country and industry a chance to join the AI revolution," he said in reference to Chinese AI startup DeepSeek. Huang also praised China's "super-fast" innovation, powered by its "researchers, developers and entrepreneurs". Opening up The California-based company produces some of the world's most advanced semiconductors but cannot ship its most cutting-edge chips to China due to concerns that Beijing could use them to enhance military capabilities. Nvidia developed the H20 -- a less powerful version of its AI processing units -- specifically for export to China. That plan stalled when the Trump administration tightened export licensing requirements in April. But Nvidia said this week Washington had told it that "licences will be granted, and Nvidia hopes to start deliveries soon". The announcement from Nvidia boosted tech firms around the world, with Wall Street's Nasdaq exchange rising to another record high. Asked on Wednesday about whether he had sought to sway Trump on export controls before heading to China, Huang said: "I don't think I changed his mind." "It's my job to inform the president about what I know very well, which is the technology industry, artificial intelligence," he told reporters. "This is a once-in-a-lifetime opportunity for America to have AI technology leadership," he said. Huang stressed that any discussion was between the Chinese and US governments and has "nothing to do with me". The tightened US export curbs come as China's economy wavers, with domestic consumers reluctant to spend and a prolonged property sector crisis weighing on growth. President Xi Jinping has called for greater self-reliance in the face of increasing external uncertainty.

Nvidia CEO Jensen Huang says 'we don't have to worry' about the Chinese military using US chips to improve their capabilities because 'they simply can't rely on it'

'They don't need Nvidia's chips, certainly, or American tech stacks, in order to build their military.' Nvidia CEO Jensen Huang sat down with CNN's Fareed Zakaria on Sunday to discuss a variety of issues, including the ongoing AI race between the US and China. Zakaria asked Huang about the previous bipartisan consensus regarding the restriction of high-end AI hardware to China, and to speak towards his previous comments that the sanctions had backfired against American companies. "Depriving someone of technology is not a goal, it's a tactic. And that tactic was not in service of the goal", said Huang (via Bloomberg). "We would like the United States to be the world leader [in AI], there is nothing wrong with that aspiration, and we should definitely try to achieve that, and strive for that." "Our mission, properly expressed... in order for America to have AI leadership", Huang continued, "is to make sure the American tech stack is available to markets all over the world, so that amazing developers, including the ones in China, are able to build on [the] American tech stack." When asked by Zakaria whether this could potentially provide the Chinese military and intelligence services with "the capacity to supercharge their weapons with the very best American chips", Huang responded: "We don't have to worry about that, because the Chinese military, no different [to] the American military, will not seek each other's technology out to be built on top of it. They simply can't rely on it. It could, of course, be limited at any time" "Not to mention, there's plenty of computing capacity in China already. If you just think about the number of supercomputers in China, built by amazing Chinese engineers, that are already in operation." "They don't need Nvidia's chips, certainly, or American tech stacks, in order to build their military." Huang is scheduled to hold a media briefing in Beijing on July 16, his second visit this year after an earlier trip in April where he said he hoped to "continue to cooperate with China." However, US republican senator Jim Banks and democratic senator Elizabeth Warren have sent a letter to Huang ahead of his trip, asking him to abstain from meeting with representatives of companies that are working with the People's Republic of China's military and intelligence bodies. "We are worried that your trip to the PRC could legitimize companies that cooperate closely with the Chinese military or involve discussing exploitable gaps in US export controls", the letter warns. The visit also comes in the wake of reports that China is currently constructing massive data centres to house hundreds of thousands of Nvidia AI GPUs. This would appear be in direct contradiction of current US/China chip export restrictions surrounding high-end AI hardware, although it's unclear how the GPUs in question would be acquired. The Trump administration's AI czar, David Stacks, has previously called for a relaxing of Biden-era regulations surrounding American-made AI chips, while an executive order regulating the developments of AI tools, software, and models was nixed early into Trump's current tenure. Certainly, the Trump administration appears to look more favourably upon AI and AI hardware than the previous US government, so perhaps it's not unthinkable that the two countries could share AI developments (and chips) to their mutual benefit in years to come. That being said, the US hit China with some of the largest trade tariffs of the lot at the start of the year, with little sign of let-up in recent months. So, whether Jensen's calming words might help lead to better technological relations between the two, or perhaps even a retraction of existing chip sanctions in the near future, is anyone's guess for now.

Nvidia says it has Trump administration green light to sell China its advanced H20 computer chips used for AI

Bangkok -- Nvidia CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China -- a reversal of administration policy. The news came in a company blog post late Monday. Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the post said. "Today, I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said. Huang recently met with President Trump and other U.S. policymakers and is in Beijing this week to attend a supply chain conference and speak with Chinese officials. The broadcast showed Huang meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, in which Nvidia is an exhibitor. Zhang Guobin, founder of the Chinese specialist website eetrend.com, told French news agency AFP the new policy would "bring (Nvidia) substantial revenue growth, making up for the losses caused by the previous ban," adding that it would also ease the impact of trade frictions on the global supply chain for semiconductors. But he said Chinese firms stay focused on domestic chip development since "the Trump administration has been ... prone to abrupt policy shifts, making it difficult to gauge how long such an opening might endure." Nvidia has profited enormously from the rapid adoption of AI, becoming the first company to have its market value surpass $4 trillion last week. However, the trade rivalry between the U.S. and China has been weighing heavily on the industry. Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that know-how meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities. In January, before Mr. Trump began his second term in office, the Biden administration launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5 billion, and Huang and other technology leaders have been lobbying Mr. Trump to reverse the restrictions. They argue that such limits hinder U.S. competition in a leading edge sector in one of the world's largest markets for technology. They've also warned that U.S. export controls could end up pushing other countries toward China's AI technology.

Nvidia to resume sales of 'H20' artificial intelligence chips to China

Nvidia's CEO Jensen Huang said on Monday the technology giant plans to resume sales of its H20 artificial intelligence chips to China, days after its CEO, who is visiting Beijing, met with Donald Trump. Nvidia's AI chips have been a key focus of US export controls crafted to keep the most cutting-edge chips out of Chinese hands amid national security concerns. US tech giant Nvidia said on Tuesday it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports. The California-based firm produces some of the world's most advanced semiconductors but is not allowed to ship its most cutting-edge chips to China owing to concerns that Beijing could use them to boost its military capabilities. It developed the H20 -- a less powerful version of its AI processing units -- specifically for export to China, although that plan hit the skids when the Trump administration firmed up export licence requirements in April. The company said in a statement on Tuesday that it was "filing applications to sell the Nvidia H20 GPU again". "The US government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," the statement said. Read moreNvidia unveils plan for Taiwan's first 'AI supercomputer' Nvidia CEO Jensen Huang said in a video published by Chinese state broadcaster CCTV on Tuesday "the US government has approved for us (to file) licences to start shipping H20s, and so we will start to sell H20s to the Chinese market". "I'm looking forward to shipping H20s very soon, and so I'm very happy with that very, very good news," Huang, wearing his trademark black leather jacket, told a group of reporters. CCTV said in a separate report that Huang would attend a major supply chain gathering on Wednesday. The Taiwan-born executive "will be present at the opening ceremony of the 3rd China International Supply Chain Expo on July 16 and will participate in related activities", the broadcaster said. It cited the China Council for the Promotion of International Trade, an official body controlled by Beijing's commerce ministry. It will be Huang's third trip to China this year, according to CCTV. 'Positive role' China is a crucial market for Nvidia but in recent years the US export squeeze has left it battling tougher competition from local players such as homegrown champion Huawei. Beijing has decried Washington's curbs as unfair and designed to hinder its development. Read moreChina probes Nvidia for 'violating' anti-monopoly law Huang, an electrical engineer, told Chinese Vice Premier He Lifeng on a visit to Beijing in April that he "looked favourably upon the potential of the Chinese economy", according to state news agency Xinhua. He said he was "willing to continue to plough deeply into the Chinese market and play a positive role in promoting US-China trade cooperation", Xinhua reported. The tightened US export curbs have come as China's economy wavers, with domestic consumers reluctant to spend and a prolonged property sector crisis weighing on growth. President Xi Jinping has called for China to become more self-reliant as uncertainty in the external environment increases. The Financial Times reported in May that Nvidia was planning to build a research and development centre in Shanghai. Neither Nvidia nor the city's authorities confirmed the project to AFP at the time. China's economy grew 5.2 percent in the second quarter of the year, official data showed on Tuesday, after analysts predicted strong exports despite trade war pressures.

As if being worth $4 trillion isn't enough, Nvidia claims the US government says it can start selling AI GPUs to China again

Nvidia recently became the first company to breach the $4 trillion barrier in terms of market capitalisation or its overall worth. But now there's even more good news for bean counters and investors. Sales of Nvidia's AI chips to China are back on. Well, probably. The news comes direct from Nvidia in a blog post, which says, "Nvidia is filing applications to sell the Nvidia H20 GPU again. The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon." The H20 is a GPU that was specifically designed to comply with export restrictions to China imposed in late 2023 by the Biden administration. In April this year, the Trump administration further tightened those restrictions, leading Nvidia to announce a $5.5 billion write down in the first quarter of this year. Sales of H20 to China were effectively halted, but Nvidia's announcement indicates that they're back on. Or at least, that's what Nvidia's hopes. It's worth noting that the announcement isn't that Nvidia is once again shipping H20s to China, merely that applications to do so have been filed. Of course, Nvidia is unlikely to have announced the applications if it wasn't confident they'd be granted. Indeed, the blog post also mentions direct contact between Nvidia CEO Jensen Huang and President Trump. "In the U.S. capital, Huang met with President Trump and U.S. policymakers, reaffirming NVIDIA's support for the Administration's effort to create jobs, strengthen domestic AI infrastructure and onshore manufacturing, and ensure that America leads in AI worldwide," Nvidia said. For context, H20 is a de-featured version of Nvidia's H100 AI GPU, which itself is based on last-gen Hopper technology. Nvidia's latest AI GPUs benefit from the newer Blackwell architecture, also found in various RTX 50-series gaming GPUs, up to and including the RTX 5090. In other words, it's a long way off being the most powerful AI chip Nvidia makes. And yet it's still hugely appealing for any organisation operating in the AI industry and superior in many ways to anything produced locally in China. For how much longer that continues, remains to be seen. But as Jensen Huang himself says, 50% of the world's AI researchers are in China. So, in the short term, the ability to sell AI chips into China will be a huge boost for Nvidia. If it happens, which it probably will. But hasn't actually started quite yet.

Nvidia says US has reversed course on AI chips to China

Following a week where CEO Jensen Huang met with Donald Trump in Washington, Nvidia says the administration will allow it ship GPUs to China. It looks like Nvidia CEO Jensen Huang's charm offensive in Washington has paid off as the giant chip-maker says the US administration has assured him licenses will be granted to again export the Nvidia H20 GPU to China. Huang had announced a new, fully compliant Nvidia RTX PRO GPU that "is ideal for digital twin AI for smart factories and logistics". On its news blog yesterday, Nvida said Huang had met with President Trump and US policymakers, and reaffirmed Nvidia's support for the Administration's "effort to create jobs, strengthen domestic AI infrastructure and onshore manufacturing, and ensure that America leads in AI worldwide". Huang seems to have appealed to the administration's wish to be the global leader in AI chips production globally. "General-purpose, open-source research and foundation models are the backbone of AI innovation," Huang told reporters. "We believe that every civil model should run best on the US technology stack, encouraging nations worldwide to choose America." Last week (July 9) Nvidia became the first company in history to briefly hit a $4trn valuation, beating Microsoft and Apple to the milestone. It has been a meteoric rise. The Silicon Valley based chips giant hit a valuation of $1trn back in June 2023, but today it has become the undisputed leader in the infrastructure behind the AI boom. Nvidia had reported a strong first quarter back in May, with revenue up 69pc year on year, but it warned that it could lose out on $8bn in revenue from US restrictions to chip exports during Q2. In April, Nvidia had been informed by the US government that it required an export licence to sell its previously approved H20 processors to China. This cost the company $4.5bn, Nvidia said. CEO Huang said on the May earnings call with investors that the Chinese market for AI chips, worth $50bn, was "effectively closed to US industry". If the US administration is genuinely ready to reverse that stance, it could be a very good year for Nvidia indeed. Don't miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic's digest of need-to-know sci-tech news.

Nvidia is set to resume sales of its AI chips to China. Here's who's on the 'whitelist' of buyers

Nvidia's AI chips have been a key focus of U.S. export controls designed to keep the most advanced chips out of Chinese hands over national security concerns. The U.S.-listed company has said the curbs would cut its revenue by $15 billion. The world's most valuable firm is filing applications with the U.S. government to resume sales to China of the H20 graphics processing unit (GPU), and expects to get the licences soon, Nvidia said in a statement. "The U.S. government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," said the company, whose chief executive, Jensen Huang, is visiting Beijing and set to speak at an event on Wednesday.

Nvidia, AMD to resume AI chip exports to China - SiliconANGLE

Shares of Nvidia Corp. and Advanced Micro Devices Inc. jumped today on the news that they will resume the sale of artificial intelligence chips to China. The development comes three months after the U.S. Commerce Department effectively banned such exports. In 2022, the U.S. rolled out a set of export controls that limited the sale of advanced AI chips to China. The restrictions applied to graphics processing units that exceeded certain performance thresholds. In response, Nvidia and AMD developed scaled-down versions of their GPUs for the Chinese market. Nvidia's scaled-down chip is called the H20. Introduced in 2023, it's a slower version of the company's H100 chip, which was at one point its fastest data center AI accelerator. AMD's scaled-down chip is known as the MI308. Earlier this year, Nvidia Chief Executive Officer Jensen Huang revealed that the export controls had halved the company's revenue in China. Even so, the company generated sales of $17 billion in the country during its fiscal year ended January 26. In April, the Commerce Department informed Nvidia and AMD that they would require a license to sell their scaled-down AI chips to China. The move effectively banned such exports. Nvidia projected that the development would cost it $5.5 billion in the fiscal fourth quarter, while AMD warned shareholders of a $800 million charge. Investors welcomed today's announcements of the export resumption. Shares of Nvidia gained more than 3.9% in today's trading session while AMD is up 5.6%. "Nvidia is filing applications to sell the NVIDIA H20 GPU again," the company said in a late Monday statement. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon." Nvidia also previewed a new chip dubbed the RTX PRO that it describes as "fully compliant." That might indicate the chip can be exported to China. Nvidia didn't share the processor's specifications, disclosing only that it's "ideal for digital twin AI for smart factories and logistics." According to Reuters, investment firm Hargreaves Lansdown expects the development to boost Nvidia's revenue by $15 billion to $20 billion this year. The exact sum will depend on multiple factors. One is the speed at which the company's export requests will be granted, while the other is the pace at which it can ramp up chip production to meet demand. Reuters cited sources as saying that customers in China are "scrambling to buy" the H20. TikTok parent ByteDance Ltd. and Tencent Holdings Ltd are reportedly among the companies that plan to place orders.

Nvidia's CEO says it has US approval to sell its H20 AI computer chips in China

BEIJING (AP) -- Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 artificial intelligence computer chips to China. The news came in a company blog late Monday and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the blog said. Huang recently met with Trump and other U.S. policymakers and this week is in Beijing for talks with officials there. "Today, I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5 billion. Huang and other technology leaders have been lobbying President Donald Trump to reverse the restrictions. They argue that such limits hinder U.S. competition in a leading edge sector in one of the world's largest markets for technology.

Nvidia's CEO says it has US approval to sell its H20 AI computer chips in China

The news came in a company blog post late Monday and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the post said. "Today, I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said. Huang recently met with Trump and other U.S. policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials. The broadcast showed Huang meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from rapid adoption of AI, becoming the first company to have its market value surpass $4 trillion last week. However, the trade rivalry between the U.S. and China has been weighing heavily on the industry. Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that know-how meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities. In January, before Trump began his second term in office, the administration of President Joe Biden launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5 billion, and Huang and other technology leaders have been lobbying President Donald Trump to reverse the restrictions. They argue that such limits hinder U.S. competition in a leading edge sector in one of the world's largest markets for technology. They've also warned that U.S. export controls could end up pushing other countries toward China's AI technology.

US government greenlights NVIDIA selling GPUs to Chinese customers

As an Amazon Associate, we earn from qualifying purchases. TweakTown may also earn commissions from other affiliate partners at no extra cost to you. NVIDIA has announced that the US government has granted the company approval for selling GPUs to Chinese customers, following the US ban on the sale of high-end GPUs over fears that China would use them to advance military operations and get a leg up in the global AI arms race. NVIDIA attempted to work around those initial bans set by the US government by introducing new GPUs specifically designed within the parameters set by the US government, which meant these China-destined models had underpowered hardware. One of those GPUs was the H20, which NVIDIA specifically designed for sales to China and was granted approval by US authorities to begin shipments. However, the US government reversed its decision and blocked the H20 by no longer issuing export permits for it. This decision cost NVIDIA $10 billion in sales. This flip-flopping by US regulators resulted in NVIDIA CEO Jensen Huang openly calling the US trade restrictions with China "precisely wrong" and a "failure". Huang went on to say the world can benefit from Chinese innovations, and the US benefits from having top AI researchers relying on an American company, NVIDIA. The GPU maker announced on Monday that it has filed applications to sell the NVIDIA H20 GPU in China, and that it has received an assurance from the US government that "licenses will be granted, and NVIDIA hopes to start deliveries soon." "Huang also provided an update to customers, noting that NVIDIA is filing applications to sell the NVIDIA H20 GPU again. The US government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon. Finally, Huang announced a new, fully compliant NVIDIA RTX PRO GPU that"is ideal for digital twin AI for smart factories and logistics," reads the NVIDIA blog post

Nvidia CEO downplays role in lifting US ban on chip sales to China

BEIJING (AP) -- The head of Nvidia downplayed his role in getting the U.S. government to lift a ban on selling an advanced computer chip in China and said it will take time to ramp up production once orders for the AI-processor come in. CEO Jensen Huang, speaking Wednesday in the Chinese capital Beijing, was upbeat about the prospects for the H20 chip, which was designed to meet U.S. restrictions on technology exports to China but nonetheless blocked in April. He met U.S. President Donald Trump before his trip and his company announced this week it had received assurances that sales to China would be approved. "I don't think I changed his mind," Huang told a cluster of journalists, many of whom asked for his autograph or to take selfies with him. A carefully organized press conference at a luxury hotel descended into a crowd scene when Huang arrived in his trademark leather jacket and started taking questions randomly in his characteristic casual style. Export controls and tariffs were something companies must adapt to in a world he said was reconfiguring itself. He described his role as informing governments in the U.S. and elsewhere of the nature and unintended consequences of their policies. The decision to lift the ban on the H20 chip was entirely in the hands of the American and Chinese governments and whatever trade talks they had, he said. "We can only influence them, inform them, do our best to provide them with facts," Huang said. "And then beyond that is out of our control." Nvidia said in April that sales restrictions on its chip in China on national security grounds would cost the company $5.5 billion. The White House also blocked a chip from Advanced Micro Devices. Both companies say the Commerce Department is now moving forward with license applications to export them to China. Huang said his company would likely be able to recover some of its losses but it's unclear how much. That will depend on how many H20 orders are received and how quickly Nvidia can meet the demand. "I think that H20 is going to be very successful here," he said, noting the chip's memory bandwidth makes it a good fit for the AI models being developed by Chinese companies such as DeepSeek and Alibaba. Huang also touted the release of a new RTX Pro graphics chip that he said would power the development of humanoid robots. He described robotic systems with teams of robots working alongside people as the next wave in AI. "Because there's so much robotics innovation going on and so much smart factory work being done here and the supply chain is so vast, RTX Pro is perfect," he said.

Nvidia CEO downplays role in lifting US ban on chip sales to China

BEIJING -- The head of Nvidia downplayed his role in getting the U.S. government to lift a ban on selling an advanced computer chip in China and said it will take time to ramp up production once orders for the AI-processor come in. CEO Jensen Huang, speaking Wednesday in the Chinese capital Beijing, was upbeat about the prospects for the H20 chip, which was designed to meet U.S. restrictions on technology exports to China but nonetheless blocked in April. He met U.S. President Donald Trump before his trip and his company announced this week it had received assurances that sales to China would be approved. "I don't think I changed his mind," Huang told a cluster of journalists, many of whom asked for his autograph or to take selfies with him. A carefully organized press conference at a luxury hotel descended into a crowd scene when Huang arrived in his trademark leather jacket and started taking questions randomly in his characteristic casual style. Export controls and tariffs were something companies must adapt to in a world he said was reconfiguring itself. He described his role as informing governments in the U.S. and elsewhere of the nature and unintended consequences of their policies. The decision to lift the ban on the H20 chip was entirely in the hands of the American and Chinese governments and whatever trade talks they had, he said. "We can only influence them, inform them, do our best to provide them with facts," Huang said. "And then beyond that is out of our control." Nvidia said in April that sales restrictions on its chip in China on national security grounds would cost the company $5.5 billion. The White House also blocked a chip from Advanced Micro Devices. Both companies say the Commerce Department is now moving forward with license applications to export them to China. Huang said his company would likely be able to recover some of its losses but it's unclear how much. That will depend on how many H20 orders are received and how quickly Nvidia can meet the demand. "I think that H20 is going to be very successful here," he said, noting the chip's memory bandwidth makes it a good fit for the AI models being developed by Chinese companies such as DeepSeek and Alibaba. Huang also touted the release of a new RTX Pro graphics chip that he said would power the development of humanoid robots. He described robotic systems with teams of robots working alongside people as the next wave in AI. "Because there's so much robotics innovation going on and so much smart factory work being done here and the supply chain is so vast, RTX Pro is perfect," he said.

Nvidia CEO downplays role in lifting US ban on chip sales to China

BEIJING -- The head of Nvidia downplayed his role in getting the U.S. government to lift a ban on selling an advanced computer chip in China and said it will take time to ramp up production once orders for the AI-processor come in. CEO Jensen Huang, speaking Wednesday in the Chinese capital Beijing, was upbeat about the prospects for the H20 chip, which was designed to meet U.S. restrictions on technology exports to China but nonetheless blocked in April. He met U.S. President Donald Trump before his trip and his company announced this week it had received assurances that sales to China would be approved. "I don't think I changed his mind," Huang told a cluster of journalists, many of whom asked for his autograph or to take selfies with him. A carefully organized press conference at a luxury hotel descended into a crowd scene when Huang arrived in his trademark leather jacket and started taking questions randomly in his characteristic casual style. Export controls and tariffs were something companies must adapt to in a world he said was reconfiguring itself. He described his role as informing governments in the U.S. and elsewhere of the nature and unintended consequences of their policies. The decision to lift the ban on the H20 chip was entirely in the hands of the American and Chinese governments and whatever trade talks they had, he said. "We can only influence them, inform them, do our best to provide them with facts," Huang said. "And then beyond that is out of our control." Nvidia said in April that sales restrictions on its chip in China on national security grounds would cost the company $5.5 billion. The White House also blocked a chip from Advanced Micro Devices. Both companies say the Commerce Department is now moving forward with license applications to export them to China. Huang said his company would likely be able to recover some of its losses but it's unclear how much. That will depend on how many H20 orders are received and how quickly Nvidia can meet the demand. "I think that H20 is going to be very successful here," he said, noting the chip's memory bandwidth makes it a good fit for the AI models being developed by Chinese companies such as DeepSeek and Alibaba. Huang also touted the release of a new RTX Pro graphics chip that he said would power the development of humanoid robots. He described robotic systems with teams of robots working alongside people as the next wave in AI. "Because there's so much robotics innovation going on and so much smart factory work being done here and the supply chain is so vast, RTX Pro is perfect," he said.

Nvidia CEO downplays role in lifting US ban on chip sales to China

BEIJING -- The head of Nvidia downplayed his role in getting the U.S. government to lift a ban on selling an advanced computer chip in China and said it will take time to ramp up production once orders for the AI-processor come in. CEO Jensen Huang, speaking Wednesday in the Chinese capital Beijing, was upbeat about the prospects for the H20 chip, which was designed to meet U.S. restrictions on technology exports to China but nonetheless blocked in April. He met U.S. President Donald Trump before his trip and his company announced this week it had received assurances that sales to China would be approved. "I don't think I changed his mind," Huang told a cluster of journalists, many of whom asked for his autograph or to take selfies with him. A carefully organized press conference at a luxury hotel descended into a crowd scene when Huang arrived in his trademark leather jacket and started taking questions randomly in his characteristic casual style. Export controls and tariffs were something companies must adapt to in a world he said was reconfiguring itself. He described his role as informing governments in the U.S. and elsewhere of the nature and unintended consequences of their policies. The decision to lift the ban on the H20 chip was entirely in the hands of the American and Chinese governments and whatever trade talks they had, he said. "We can only influence them, inform them, do our best to provide them with facts," Huang said. "And then beyond that is out of our control." Nvidia said in April that sales restrictions on its chip in China on national security grounds would cost the company $5.5 billion. The White House also blocked a chip from Advanced Micro Devices. Both companies say the Commerce Department is now moving forward with license applications to export them to China. Huang said his company would likely be able to recover some of its losses but it's unclear how much. That will depend on how many H20 orders are received and how quickly Nvidia can meet the demand. "I think that H20 is going to be very successful here," he said, noting the chip's memory bandwidth makes it a good fit for the AI models being developed by Chinese companies such as DeepSeek and Alibaba. Huang also touted the release of a new RTX Pro graphics chip that he said would power the development of humanoid robots. He described robotic systems with teams of robots working alongside people as the next wave in AI. "Because there's so much robotics innovation going on and so much smart factory work being done here and the supply chain is so vast, RTX Pro is perfect," he said.

Jensen Huang is right about the real AI race with China

Gift 5 articles to anyone you choose each month when you subscribe. If Jensen Huang was hoping to reassure Washington that his company's advanced artificial intelligence chips won't be used to supercharge China's military, his comments likely fell on deaf ears. "We don't have to worry about that," the Nvidia chief executive officer said of America's greatest fear about his firm's access to the China market in an interview with CNN. He argued Beijing knows it can't rely on the US technology, which "could be limited at any time". It's optimistic thinking on his part, given the national security concerns that have fuelled years of semiconductor restrictions.

Nvidia CEO Downplays Role in Lifting US Ban on Chip Sales to China

BEIJING (AP) -- The head of Nvidia downplayed his role in getting the U.S. government to lift a ban on selling an advanced computer chip in China and said it will take time to ramp up production once orders for the AI-processor come in. CEO Jensen Huang, speaking Wednesday in the Chinese capital Beijing, was upbeat about the prospects for the H20 chip, which was designed to meet U.S. restrictions on technology exports to China but nonetheless blocked in April. He met U.S. President Donald Trump before his trip and his company announced this week it had received assurances that sales to China would be approved. "I don't think I changed his mind," Huang told a cluster of journalists, many of whom asked for his autograph or to take selfies with him. A carefully organized press conference at a luxury hotel descended into a crowd scene when Huang arrived in his trademark leather jacket and started taking questions randomly in his characteristic casual style. Export controls and tariffs were something companies must adapt to in a world he said was reconfiguring itself. He described his role as informing governments in the U.S. and elsewhere of the nature and unintended consequences of their policies. The decision to lift the ban on the H20 chip was entirely in the hands of the American and Chinese governments and whatever trade talks they had, he said. "We can only influence them, inform them, do our best to provide them with facts," Huang said. "And then beyond that is out of our control." Nvidia said in April that sales restrictions on its chip in China on national security grounds would cost the company $5.5 billion. The White House also blocked a chip from Advanced Micro Devices. Both companies say the Commerce Department is now moving forward with license applications to export them to China. Huang said his company would likely be able to recover some of its losses but it's unclear how much. That will depend on how many H20 orders are received and how quickly Nvidia can meet the demand. "I think that H20 is going to be very successful here," he said, noting the chip's memory bandwidth makes it a good fit for the AI models being developed by Chinese companies such as DeepSeek and Alibaba. Huang also touted the release of a new RTX Pro graphics chip that he said would power the development of humanoid robots. He described robotic systems with teams of robots working alongside people as the next wave in AI. "Because there's so much robotics innovation going on and so much smart factory work being done here and the supply chain is so vast, RTX Pro is perfect," he said.

US Senators Warn Nvidia CEO About Upcoming China Trip

SAN FRANCISCO (Reuters) -A bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls. The letter from Republican Senator Jim Banks and Democratic Senator Elizabeth Warren asked Huang to also abstain from meeting with representatives of companies that are working with the People's Republic of China's military or intelligence bodies and are named on the U.S. restricted export list. "We are worried that your trip to the PRC could legitimize companies that cooperate closely with the Chinese military or involve discussing exploitable gaps in U.S. export controls," the senators wrote. Huang planned to visit China on Friday. An Nvidia spokesperson said, "American wins" when its technology sets "the global standard," and that China has one of the largest bodies of software developers in the world. AI software "should run best on the U.S. technology stack, encouraging nations worldwide to choose America," the spokesperson said. In May at the Computex trade show in Taipei, Huang praised President Donald Trump's decision to scrap some artificial intelligence chip export controls and described the prior diffusion rules as a failure. U.S. restrictions in April on AI chips Nvidia modified to comply with export controls to China would reduce Nvidia's revenue by $15 billion, the CEO said. The hardware necessary to power advanced AI is now subject to a bipartisan consensus related to the free export of such hardware, the senators wrote. Advanced AI hardware could "accelerate the PRC's effort to modernize its military," the letter reads. U.S. lawmakers have grown increasingly concerned about efforts to circumvent export controls to China and proposed a law that would force AI chip companies to verify the location of their products. Last month, Reuters reported that a senior U.S. official said the AI firm DeepSeek is aiding China's military and intelligence operations, and sought to use shell companies to circumvent U.S. AI chip export controls to China. Nvidia is planning to launch a cheaper version of its flagship Blackwell AI chips for China, Reuters reported in May. (Reporting by Max A. Cherney in San FranciscoEditing by Rod Nickel)

Bipartisan senators press Nvidia CEO over China trip

Sens. Elizabeth Warren (D-Mass.) and Jim Banks (R-Ind.) pressed Nvidia CEO Jensen Huang on Friday about his upcoming trip to China, voicing concerns that the visit could legitimize companies working closely with the Chinese military or seeking to take advantage of gaps in U.S. export controls. The bipartisan senators urged Huang to refrain from meeting with companies doing business with the country's military or intelligence, in addition to those that face U.S. export restrictions or are suspected of trying to evade U.S. curbs. "There is a new bipartisan consensus that the hardware powering advanced AI, which includes NVIDIA graphics processing units (GPUs), is of immense strategic importance," the pair wrote in Friday's letter. "If exported freely to the [People's Republic of China], this hardware could accelerate the PRC's efforts to modernize its military," they continued. Nvidia produces chips that have become central to powering the AI boom. However, some of its most advanced chips are subject to U.S. export controls. Huang is expected to travel to Beijing next week to meet with top Chinese leaders while at the International Supply Chain Expo, according to The Financial Times. The trip comes as Nvidia reportedly plans to release a new chip for China designed to comply with the U.S. restrictions. "We hope you agree that it would be deeply irresponsible for an American CEO to meet with companies that violate U.S. law and are actively developing military capabilities that could undermine U.S. national security," Warren and Banks added. "We ask that you refrain from any such meetings during your upcoming trip." The duo this spring urged further review of Nvidia's plans to open a research facility in Shanghai, citing national and economic security worries. The Nvidia CEO was spotted by reporters at the White House on Thursday, the same day the company became the first to close with a market capitalization above $4 trillion. The chipmaker briefly crossed the milestone Wednesday morning, before dipping back down below $4 trillion. The company, which first hit the $1 trillion mark just two years ago, has seen a remarkable rise in recent years fueled by the AI craze.

Trump Reverses China Chip Ban After Jensen Huang's Quiet Diplomacy

Jensen Huang's efforts in Washington and Beijing help restore Nvidia and AMD's access to a key market. Nvidia and AMD have received approval from the Trump administration to resume sales of their A.I. chips to China, marking a breakthrough in ongoing export restrictions. The green light follows months of quiet diplomacy by Nvidia CEO Jensen Huang, who has taken on a dual role as both tech leader and backchannel diplomat amid rising U.S.-China tensions. Sign Up For Our Daily Newsletter Sign Up Thank you for signing up! By clicking submit, you agree to our <a href="http://observermedia.com/terms">terms of service</a> and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime. See all of our newsletters Nvidia announced in a blog post today (July 15) that U.S. officials will begin granting licenses for its H20 chips, which are specifically designed for the Chinese market but caught in an export freeze since April. The company said deliveries will begin soon. Nvidia shares surged more than 4 percent on the news. AMD, Nvidia's chief rival, confirmed that it too has secured approval to resume shipments of its China-specific chips, including the MI308 line. Its stock jumped nearly 7 percent in response. The approvals mark a major reversal after April's sweeping restrictions, imposed by the Trump administration, barred companies from selling certain advanced semiconductors to China. Those rules left Nvidia facing a $4.5 billion inventory write-down, as it had no alternative buyers for its H20 chips. Nvidia's GPUs are critical to powering the large-scale A.I. models that drive everything from chatbots to autonomous systems. The H20, designed to comply with earlier restrictions introduced by the Biden administration, is a lower-performance chip than Nvidia's popular H100 and H200 chips, but it remains a vital product in Nvidia's China strategy. Huang's influence grows beyond Silicon Valley The news underscores Huang's growing influence beyond Silicon Valley. In recent weeks, he's met with President Trump and other policymakers to advocate for policies that ensure the world continues to rely on American-made A.I. hardware. While Washington seeks to limit China's military applications of A.I., Huang argued in a recent CNN interview that Chinese forces are unlikely to fully embrace Nvidia's tech because "they simply can't rely on it," given the U.S. government's ability to cut off access at any time. The Nvidia chief is currently in Beijing, where he is expected to meet with senior officials including Premier Li Qiang and Vice Premier He Lifeng to reaffirm business ties and present new offerings tailored for the Chinese market. It's his third first to China this year. Among those is a newly unveiled chip reportedly built on Nvidia's next-gen Blackwell architecture. While details remain sparse, the company says the chip is fully compliant with U.S. export regulations and optimized for applications like digital twin A.I. in smart factories and logistics.

Nvidia CEO to hold media briefing in Beijing on July 16 - The Economic Times

Jensen Huang, Nvidia CEO, will visit Beijing on July 16. This marks his second trip after one in April. US restricts Nvidia's chip exports to China. Senators urge Huang to avoid meetings with certain entities. Huawei provides competition. Chinese firms still want Nvidia chips. China generated $17 billion for Nvidia. Huang sees China as critical.Nvidia CEO Jensen Huang will hold a media briefing in Beijing on July 16, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the US government has imposed restrictions on the export of Nvidia's most advanced chips to China, citing concerns over potential military applications. The US also imposed a ban earlier this year on sales of Nvidia's H20 artificial intelligence chips to the country -- which had been Nvidia's most powerful AI chip cleared for Chinese sales. Huang's latest visit has been closely-watched in both US and China. A bipartisan pair of US senators on Friday sent a letter to Huang about his China trip, asking him to abstain from meeting with companies that are working with military or intelligence bodies in the People's Republic of China. The senators also asked Huang to refrain from meeting with entities named on the United States' restricted export list. Nvidia has faced increased competition from Chinese tech giant Huawei and other makers of graphics processing units - the chips used to train artificial intelligence. But Chinese companies, including its big tech firms, still crave Nvidia chips due to the company's computing platform known as CUDA. China generated $17 billion in revenue for Nvidia in the fiscal year ending January 26, accounting for 13% of the company's total sales, based on its latest annual report. Huang has consistently highlighted China as a critical market for Nvidia's growth. Nvidia's market value topped $4 trillion for the first time last week, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology.

Nvidia says it will resume sales of 'H20' AI chips to China - The Economic Times

Nvidia will restart selling H20 AI chips to China. This follows the US government's promise to ease export restrictions. The H20 chip is a modified version for the Chinese market. Nvidia CEO Jensen Huang expressed his happiness about this development. He will also attend a supply chain event in China. China is a vital market for Nvidia.US tech giant Nvidia said on Tuesday it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports. The California-based firm produces some of the world's most advanced semiconductors but is not allowed to ship its most cutting-edge chips to China owing to concerns that Beijing could use them to boost its military capabilities. It developed the H20 -- a less powerful version of its AI processing units -- specifically for export to China, although that plan hit the skids when the Trump administration firmed up export licence requirements in April. The company said in a statement on Tuesday that it was "filing applications to sell the Nvidia H20 GPU again". "The US government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," the statement said. Nvidia CEO Jensen Huang said in a video published by Chinese state broadcaster CCTV on Tuesday "the US government has approved for us (to file) licences to start shipping H20s, and so we will start to sell H20s to the Chinese market". "I'm looking forward to shipping H20s very soon, and so I'm very happy with that very, very good news," Huang, wearing his trademark black leather jacket, told a group of reporters. CCTV said in a separate report that Huang would attend a major supply chain gathering on Wednesday. The Taiwan-born executive "will be present at the opening ceremony of the 3rd China International Supply Chain Expo on July 16 and will participate in related activities", the broadcaster said. It cited the China Council for the Promotion of International Trade, an official body controlled by Beijing's commerce ministry. It will be Huang's third trip to China this year, according to CCTV. 'Positive role' China is a crucial market for Nvidia but in recent years the US export squeeze has left it battling tougher competition from local players such as homegrown champion Huawei. Beijing has decried Washington's curbs as unfair and designed to hinder its development. Huang, an electrical engineer, told Chinese Vice Premier He Lifeng on a visit to Beijing in April that he "looked favourably upon the potential of the Chinese economy", according to state news agency Xinhua. He said he was "willing to continue to plough deeply into the Chinese market and play a positive role in promoting US-China trade cooperation", Xinhua reported. The tightened US export curbs have come as China's economy wavers, with domestic consumers reluctant to spend and a prolonged property sector crisis weighing on growth. President Xi Jinping has called for China to become more self-reliant as uncertainty in the external environment increases. The Financial Times reported in May that Nvidia was planning to build a research and development centre in Shanghai. Neither Nvidia nor the city's authorities confirmed the project to AFP at the time. China's economy grew 5.2% in the second quarter of the year, official data showed on Tuesday, after analysts predicted strong exports despite trade war pressures.

Nvidia's CEO Says It Has U.S. Approval To Sell Its H20 AI Computer Chips In China

BEIJING (AP) -- Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 artificial intelligence computer chips to China. The news came in a company blog late Monday and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the blog said. Huang recently met with Trump and other U.S. policymakers and this week is in Beijing for talks with officials there. "Today, I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5 billion. Huang and other technology leaders have been lobbying President Donald Trump to reverse the restrictions. They argue that such limits hinder U.S. competition in a leading edge sector in one of the world's largest markets for technology.

After meeting with Trump, Nvidia CEO says the sale of AI chip is back on in China - The Economic Times

The news came in a company blog post late Monday and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the post said.Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the post said. "Today, I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said. Huang recently met with Trump and other U.S. policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials. The broadcast showed Huang meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from rapid adoption of AI, becoming the first company to have its market value surpass $4 trillion last week. However, the trade rivalry between the U.S. and China has been weighing heavily on the industry. Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that know-how meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities. In January, before Trump began his second term in office, the administration of President Joe Biden launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5 billion, and Huang and other technology leaders have been lobbying President Donald Trump to reverse the restrictions. They argue that such limits hinder U.S. competition in a leading edge sector in one of the world's largest markets for technology. They've also warned that U.S. export controls could end up pushing other countries toward China's AI technology. Nvidia's U.S. traded shares jumped nearly 5% before the opening bell.

Nvidia's Huang hails Chinese AI models as "world class" - The Economic Times

Nvidia CEO Jensen Huang praised Chinese AI models from Deepseek, Alibaba, and Tencent as "world class" at a Beijing expo. Amid renewed H20 chip sales to China, Huang emphasised the market's importance. Nvidia is also developing a new chip, RTX Pro GPU, to meet US export restrictions.Nvidia CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba and Tencent as "world class" and said AI was "revolutionising" supply chains, at an exhibition in Beijing on Wednesday. Huang spoke briefly at the opening ceremony of a supply chain expo, one day after the AI giant said it would once again be able to sell its highly popular H20 chips in China. Billionaire Huang is on his third visit to China this year, days after meeting with U.S. President Donald Trump, as his firm walks a tightrope between the world's two largest economies, each of which is battling for global dominance in AI and other cutting edge technologies. Huang is also expected to hold a closed door media event in Beijing later on Wednesday afternoon. The CEO of the world's most valuable firm told state broadcaster CCTV on Tuesday that the Chinese market is massive, dynamic, and highly innovative, and it's crucial for American companies to establish roots in China. On Tuesday, U.S. Commerce Secretary Howard Lutnick said the planned resumption of sales of Nvidia's H20 AI chips to China are part of U.S. negotiations on rare earths. Chinese companies have scrambled to place orders for the chips, which Nvidia would then need to send to the U.S. government for approval, the sources familiar with the matter said. They added that internet giants ByteDance and Tencent are in the process of submitting applications. ByteDance denied that it is currently submitting applications. Tencent did not respond to a request for comment. Nvidia has also announced it is developing a new chip for Chinese clients called the RTX Pro GPU that would also be compliant with U.S. export restrictions.

Is China planning to use Nvidia chips for military operations? Company CEO Huang responds to claims ahead of Beijing visit

Jensen Huang, Nvidia CEO, addressed worries over China's military using Nvidia tech. He said China has ample computing power. Huang opposed chip export restrictions, fearing they would hinder US tech advancement. He warned China might develop alternatives. Huang will visit Beijing soon. The US government is closely monitoring Huang's trip. Nvidia CEO Jensen Huang has dismissed concerns that China can use Nvidia's technologies to enhance its military capabilities, saying that the country already has plenty of computing capacity and does not need Nvidia's chips. In an interview with CNN ahead of his Beijing visit, Huang addressed concerns that Beijing's military and intelligence agencies might use the American tech giant's chips to "supercharge" weapons, stating that it already "possesses plenty of computing capacity... that is already in operation." He further asserted that "they don't need Nvidia chips or American tech stacks to build their military." During the interview, the Nvidia boss also opposed ongoing export restrictions on advanced chips, stating that such controls may hamper the development of US technology. He also warned that if Chinese AI developers are denied access to Nvidia products, then they could develop independent alternatives instead of relying on American systems. The latest remarks from Huang came ahead of Huang's Beijing visit. During his trip, he will hold a media briefing on Wednesday, July 16, 2025, an official from the company said on Sunday, July 13, 2025. This visit will be Huang's second visit to the country after a trip in April 2025. Huang's latest visit is being closely monitored by the US government and China. Some US senators have also sent letters to the Nvidia CEO asking him to avoid meeting companies that are working with the country's military or intelligence bodies. Washington has imposed restrictions on the export of Nvidia's most advanced chips to China since 2022 due to concerns over possible military applications. Earlier in 2025, the Trump administration also imposed a ban on sales of Nvidia's H20 artificial intelligence chips to the country.

Nvidia to resume H20 GPU chip sales to Beijing, launches China-compliant model - The Economic Times

Nvidia will resume sales of its H20 GPU chips to China, pending US government approval, and has launched a new RTX Pro model tailored for Chinese regulations. The chip supports AI applications in logistics and smart factories. CEO Jensen Huang recently met US and Chinese officials to promote global AI cooperation.Nvidia said on Monday that it will resume sales of its H20 graphics processing unit (GPU) chips to China and has introduced a new model tailored to meet regulatory requirements in the Chinese market. According to a company blog post, Nvidia is filing applications to resume H20 sales with the US government and expects to get the licenses soon. Deliveries are expected to begin shortly thereafter. The company announced a new RTX Pro GPU designed specifically for China. Nvidia described the model as "fully compliant" and suitable for digital twin AI applications in sectors such as smart factories and logistics. The chipmaker's CEO Jensen Huang met with US President Donald Trump and policymakers in Washington and later with officials in Beijing, as part of efforts to promote AI cooperation and highlight Nvidia's support for open-source research and global AI development, the company said. In May, Reuters reported that the company was planning to release a downgraded version of its H20 artificial intelligence chip for China following US export restrictions on the original model.

NVIDIA CEO Jensen Huang to Visit China At a Time When The U.S. Is Weighing to Impose Tighter Curbs on AI Chip Exports

NVIDIA's CEO Jensen Huang is reportedly preparing to visit China, where he will attend one of the most important events and probably reassure local leaders. There's no doubt that with growing US export controls, NVIDIA's business in China has been heavily influenced, since with new regulations, Team Green had to revise its options for Chinese AI markets, and now, even after months of the H20 ban, the company still has no accelerator for Beijing. But now, in a report by Bloomberg, it is claimed that NVIDIA's CEO will pay a visit to the International Supply Chain Expo in Beijing next week, where he is said to meet government representatives, although the significance of the meeting is unknown for now. NVIDIA's CEO has been more "vocal" about US restrictions on China in the past few months, claiming them to be ineffective, as it would fuel the development of domestic alternatives, putting Team Green at a big risk. Huang has tried to emphasize the Trump administration's stance on relaxing its export controls, but it appears that Washington isn't interested for now with government officials repeatedly citing national security considerations as the driving force behind the chip restrictions. The Trump administration is now said to be devising a newer AI rules, which could change the way nations get access to NVIDIA's cutting-edge AI chips. It was reported that the government plans to put curbs on Malaysia and Thailand, which are said to have intermediaries that have allegedly supplied AI chips to China. Apart from this, Team Green has already written off around $8 billion in revenue coming from Chinese AI markets after the newer US export restrictions, indicating that the company's revenue will take a hit in the near future as well. For now, NVIDIA is rumored to be creating a low-power AI chip for China that could utilize GDDR7 modules, but nothing is confirmed. Jensen's visit might be to gain the trust of local leaders and businesses with their new AI offerings, but this is mere speculation for now, and it would be interesting to see how things turn out for NVIDIA-China relationship.

NVIDIA CEO Jensen Huang Claims China Doesn't Need U.S. AI Chips for Military Power; Says Homegrown Tech Is More Than Enough

NVIDIA's CEO apparently believes that his company's chips have no usecase for China's military, claiming that Beijing has its own tech that is sufficient enough. It seems like Jensen is pushing the pedals when it comes to getting approval to sell NVIDIA's AI chips in China, since he has been voicing opposition to most of the justifications made by the Trump administration towards imposing export controls on Beijing. Now, in an interview with CNN (via Global Times), NVIDIA's CEO has revealed that China's PLA doesn't need NVIDIA's AI chips for their operations; instead, the nation has domestic solutions that are capable enough for the military's needs. These statements come after the Trump administration revealed that China is using AI capabilities to enhance its military, particularly working with DeepSeek, which employs a vast arsenal of NVIDIA's AI chips. Artificial intelligence as a technology has become a matter of security for the likes of America and China, and both nations are in the race to integrate it in every aspect, whether for civil or military purposes. There's no denying that Beijing is looking for computing power, and that NVIDIA's chips do play a part in fulfilling that hunger. There's plenty of computing capacity in China already. If you just think about the number of supercomputers in China built by amazing Chinese engineers that are already in operation, they certainly don't need Nvidia's chips or American tech stacks in order to build their military. NVIDIA's AI chips have become a debatable matter, especially with their access to global powers. America believes that by doing this, its dominance might be challenged. On the other hand, Beijing is using its own ways to get its hands on computing power, even if it means setting up intermediaries in Thailand or Malaysia or smuggling AI chips. The nation is allegedly building a massive hyperscale as well, consisting of 100,000+ NVIDIA's AI chips, but no one knows how they will get them. It seems like there are clear diversions, despite Jensen's claims. Now, NVIDIA cannot ignore revenue from China at all since the company needs to meet its financial projections to keep the bandwagon up and running. The company plans to introduce a low-power Blackwell chip solution for the domestic market, mainly to cater to inference workloads, and Jensen's visit to China is all about getting the confidence of China's AI market.

Nvidia Prepares China-Specific AI Chip Amid US Export Curbs As CEO Jensen Huang Plans Beijing Visit Next Week To Reassure Market: Report - NVIDIA (NASDAQ:NVDA)

Nvidia Corporation NVDA CEO Jensen Huang is reportedly preparing for a key diplomatic mission to China, where the company plans to launch a scaled-down AI chip compliant with U.S. export restrictions. What Happened: The processor is a modified version of its Blackwell RTX Pro 6000 chip and omits advanced features such as high-bandwidth memory and NVLink, reported the Financial Times, citing people with knowledge of the plans. Nvidia is expected to unveil a new AI chip tailored specifically for the Chinese market as early as September. Huang is also planning to meet with top Chinese officials, including Premier Li Qiang and Vice Premier He Lifeng, during next week's International Supply Chain Expo in Beijing, the report said. The schedules have not yet been finalized and are still awaiting approval from the Chinese side. Read Also: Humble Beginnings: Like NVIDIA, Reddit Was Founded Inside A Restaurant Why It's Important: The visit underscores Nvidia's attempt to maintain its $17.1 billion China business, which makes up 13% of its total revenue. "China has one of the largest populations of developers in the world," Nvidia said in a statement to the publication, but denied saying anything about the new chip's design. "While security is paramount, every one of those applications should run best on the U.S. AI stack." Nvidia has changed its financial strategy after U.S. export controls blocked AI chip sales to China, causing a $2.5 billion revenue loss in the first quarter of 2025. Last month, Huang said Nvidia will no longer include China in its forecasts due to ongoing restrictions, calling any future China revenue a "bonus." The company also recorded a $4.5 billion charge from excess inventory after halting shipments of its China-specific H20 AI chips. On Wednesday, the chip giant briefly touched the $4 trillion market cap milestone. Price Action: Nvidia shares are up 17.76% year-to-date and have risen 20.73% over the past 12 months. On Wednesday, the stock gained 1.80%, closing at $162.88, per Benzinga Pro data. Benzinga's Edge Stock Rankings indicate that Nvidia continues to show strong upward momentum in the short, medium and long term. Additional performance details can be found here. Photo by gguy via Shutterstock Read More: 'Most People Don't Have The B**ls To Do It,' Says Mark Cuban, Praising Musk For Going 'All In' With His Own Money For His Startups Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. NVDANVIDIA Corp$163.360.29%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum75.97Growth98.61QualityN/AValue6.61Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Nvidia to resume H20 AI chip sales to China in U.S. reversal

Nvidia plans to resume sales of its H20 AI chip to China after securing Washington's assurances that such shipments would get approved, a dramatic reversal from the Trump administration's earlier stance. U.S. government officials told Nvidia they would green-light export licenses for the H20 artificial intelligence accelerator, the company said in a blog post. That China-specific variant was created to comply with earlier trade curbs, but has since April also been blocked from sale in the country without a U.S. permit. Billionaire co-founder Jensen Huang appeared on Chinese state broadcaster CCTV shortly after Nvidia announced the decision, saying the company had secured approval to begin shipping.

U.S. says Nvidia's sales of AI chips to China are part of rare earths talks

Nvidia's planned resumption of sales of its H20 AI chips to China is part of U.S. negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday, and comes days after its CEO met President Donald Trump. "We put that in the trade deal with the magnets," Lutnick said, referring to an agreement Trump made to restart rare earth shipments to U.S. manufacturers. He did not provide additional detail. Nvidia said late on Monday that it is filing applications with the U.S. government to resume sales to China of its H20 graphics processing unit, and has been assured by the U.S. it will get the licenses soon.

Nvidia's China Revenue 'Is Far From Gone', But It Outmaneuvered US For Rare Earth In Exchange For AI Chips, Says Craig Shapiro - NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)

China has leveraged its dominance over rare earth elements to secure eased U.S. export controls on Nvidia Corp. NVDA chips; however, this expert says that the world isn't decoupling, it is just bartering. Check out the current price of NVDA stock here. What Happened: Economist Craig Shapiro, in a detailed X thread, declared, "China just outmaneuvered the U.S. -- again. Rare earths for AI chips," unveiling a backchannel deal that prioritizes resource barter over ideological standoffs. The agreement, finalized after Donald Trump and Xi Jinping's call and London trade talks, saw China fast-track rare earth export licenses, including dysprosium and terbium, under a six-month "green channel." In return, the U.S. relaxed restrictions on AI semiconductors and EDA software, allowing Nvidia and Advanced Micro Devices Inc. AMD to resume exports of modified chips to China. Shapiro noted, "Nvidia's China revenue is far from gone," signaling the tech giant's continued market presence despite earlier curbs. Reuters and Bloomberg confirm military-grade restrictions remain, but civilian-use materials are back in play, reflecting a calculated trade-off. Shapiro's analysis frames this as "classic realpolitik," with China acting "like a central banker for the physical world. Not through money, but through minerals." He concludes, "The world is not decoupling. It's just bartering," highlighting strategic interdependence. Investors are urged to monitor rare earth exposure and export control trends, as this deal reshapes global tech and mineral dynamics. See Also: Nvidia Growth Estimates Get 10% Boost As US Lifts China Chip Export Curbs: Gene Munster Predicts 30-35% Growth For 2026 Why It Matters: The U.S. lifting restrictions on chip exports to China has also altered Nvidia's growth expectations, which were set back after its first quarter earnings, assuming a hit from H20 chip's excess inventory and purchase obligations. Gene Munster said, "That means that Street estimates should rise by about 10% on the news," adding that "Either way you look at it. Great news for $NVDA." He also said that the company's 2026 growth estimates could rise from the current 25% to 30-35% growth. Price Action: Nvidia shares rose 4.04% on Tuesday. The stock has advanced 23.42% on a year-to-date basis and 35.09% over a year. Benzinga Edge Stock Rankings shows that NVDA had a stronger price trend over the short, medium, and long term. Its momentum ranking was solid, whereas its value ranking was poor; the details of all the metrics are available here. The SPDR S&P 500 ETF Trust SPY and Invesco QQQ Trust ETF QQQ, which track the S&P 500 index and Nasdaq 100 index, respectively, ended mixed on Tuesday. The SPY was down 0.43% at $622.14, while the QQQ advanced 0.092% to $556.72, according to Benzinga Pro data. On Wednesday, the futures of the S&P 500, Dow Jones, and Nasdaq 100 indices were trading lower. Read Next: Trump's Pharma Tariffs Can Hit Novo Nordisk, Says Barclays Expert, But It's 'Difficult' To Predict As Drugmakers Have 'Complex Supply Chains' Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Shutterstock AMDAdvanced Micro Devices Inc$153.20-1.55%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum69.86Growth97.01Quality82.37Value11.78Price TrendShortMediumLongOverviewNVDANVIDIA Corp$169.44-0.74%QQQInvesco QQQ Trust, Series 1$555.61-0.20%SPYSPDR S&P 500$621.74-0.06%Market News and Data brought to you by Benzinga APIs

Nvidia Reloads China -- Jensen's Pitch: Let Me Sell The Good Stuff - NVIDIA (NASDAQ:NVDA)

As tensions linger between the U.S. and China, NVIDIA Corp. NVDA is attempting to regain its foothold in the world's second-largest economy by pushing to deliver more advanced AI chips. What To Know: Nvidia CEO Jensen Huang said during a press briefing in Beijing on Wednesday that the company wants to offer more sophisticated chips to China, beyond its current offerings. He explained that the technology landscape is constantly evolving, and Nvidia expects to bring more advanced products to China over time, as regulations permit. Read Next: Rare Earth Royalty: Meet The Power Players Shaping The Industry "I hope to get more advanced chips into China than the H20," Huang said "And the reason for that is because technology is always moving on ... today Hopper's terrific but some years from now we will have more and more and better and better technology, and I think it's sensible that whatever we're allowed to sell in China will continue to get better and better over time as well." The CEO's comments come after a ban on H20 chip exports was lifted and Nvidia announced that it will resume sales of these chips to China. The H20 is a specially designed, less advanced chip to comply with U.S. export rules that limit certain technologies from being sent to China. The temporary ban on H20 sales earlier in the year hit Nvidia hard and resulted in a $4.5 billion charge for unsold H20 inventory and $2.5 billion in lost first-quarter revenue. Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100. Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get Started The company projected an $8 billion hit for the second quarter as a consequence of the export restrictions. Huang has balanced his support for initiatives to bring chip production back to the U.S. with appeals to soften restrictions on trade with China. He has argued that, with China's AI market potentially reaching $50 billion within a few years, the loss of the Chinese market would be a major setback for American tech firms. He also noted that if U.S. companies are shut out, Chinese competitors such as Huawei could dominate the local market. "Export control are things that are outside of our control and they can be quite disruptive to our business. It is our job only to inform the governments of the nature and the unintended consequences of the policies that they make," Huang said during his current visit to Beijing. Read Next: Joby Aviation Stock Goes Vertical As Secret, Massive Drone Achieves 9-Hour Flight Photo: Shutterstock NVDANVIDIA Corp$171.160.27%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum86.52Growth98.62QualityN/AValue6.27Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Nvidia Resumes H20 Shipments To China As Jensen Huang Meets Trump, Beijing Officials -- 'Fully Compliant' RTX PRO Aims To Bridge AI Cold War - NVIDIA (NASDAQ:NVDA)

Nvidia Corp. NVDA announced it will resume sales of its H20 GPU to China and unveiled a new RTX PRO graphics processor designed specifically for Chinese customers, according to a company statement released Monday. Check out the current price of NVDA stock here. What Happened: CEO Jensen Huang said during visits to Washington and Beijing that Nvidia is filing applications to sell the H20 GPU again, with the U.S. government providing assurances that licenses will be granted. The company expects to begin deliveries soon, according to Nvidia. The new RTX PRO GPU is "fully compliant" with U.S. export controls and "ideal for digital twin AI for smart factories and logistics," Huang announced. The chip represents Nvidia's latest effort to maintain market share in China while navigating heightened trade restrictions. The announcements come as Huang conducted diplomatic visits to both capitals this month. In Washington, he met with President Donald Trump and policymakers, reaffirming Nvidia's support for domestic AI infrastructure and manufacturing initiatives. In Beijing, he discussed AI productivity benefits with government and industry officials. See Also: S&P 500 Record Highs Hide A Fracture Unseen In Decades Why It Matters: The H20 resumption marks a significant development for NVIDIA's Chinese operations. U.S. export controls have restricted semiconductor firms from selling advanced AI chips to Chinese customers, forcing NVIDIA to develop modified versions for the Chinese market. CNBC's Mad Money host Jim Cramer posted on X Monday, saying the latest Nvidia news is "so huge" it could turn Nasdaq futures around. As of now, Nasdaq-100 futures rose 12.50 points to 23,048.00, while the Dow Jones Industrial Average gained 88.14 points to 44,459.65 today. Huang previously told CNN that Chinese military forces don't use Nvidia chips due to export restrictions. "They don't need Nvidia's chips, certainly, or American tech stacks in order to build their military," he said. "They simply can't rely on it." The CEO emphasized that "general-purpose, open-source research and foundation models are the backbone of AI innovation" during his Washington meetings. He argued that making U.S. technology accessible globally encourages nations to choose American technology stacks. NVIDIA's China strategy faces scrutiny after reports that a Chinese AI firm, DeepSeek, allegedly used shell companies to obtain H100 chips while supporting China's military and intelligence agencies. Earlier this year, Nvidia was forced to halt shipments of its China-specific H20 AI chips after the U.S. government determined a special license was required, costing the company $2.5 billion in potential revenue in the first quarter. Price Action: Nvidia shares traded at $163.87 in after-hours Monday, down 0.64% from the regular session close of $164.07. The stock gained 3.20% in overnight trading on Robinhood, reaching $169.41. Read Next: Palantir, The Trade Desk, Tilray, Sonnet Biotherapeutics, And Tesla: Why These 5 Stocks Are On Investors' Radars Today Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Shutterstock NVDANVIDIA Corp$163.87-0.64%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum81.59Growth98.61QualityN/AValue6.40Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

NVIDIA Successfully Negotiates The Resumption Of H20 GPU Sales In China, Unveils A New GPU For The Chinese Market

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy. In a dramatic turn of events, NVIDIA's Jensen Huang seems to have achieved unparalleled success during his recent meeting with President Trump at the White House, winning for his company a dual reprieve in relation to the prevailing restrictions on the sale of American silicon chips in China. To wit, NVIDIA has just announced that it is filing an application with the US government to resume the sale of H20 GPUs in China. NVIDIA claims that it has been assured by US officials that it will receive the requisite authorization promptly. As such, the company hopes to "soon" commence deliveries of the H20 GPUs to China. Moreover, NVIDIA's CEO, Jensen Huang, has also announced a new, dedicated AI GPU for China - an RTX PRO variant - that reportedly meets the requirements of the Trump administration and "is ideal for digital twin AI for smart factories and logistics." As a refresher, the Trump administration had formally communicated to NVIDIA on the 09th of April that it's China-specific H20 GPU was to be subjected to an "indefinite" export licensing requirement. This development had then prompted NVIDIA to announce charges of up to $5.5 billion during its fiscal Q1 2026 (which concluded on the 27th of April) incurred from "inventory, purchase commitments, and related reserves" for the H20 GPU. Additionally, NVIDIA completely wrote off its China-origin TAM following the imposition of US licensing requirements on its country-specific H20 GPU, vowing to treat any residual sales in China as an undiscounted windfall instead of a solid figure factored into its guidance. Of course, NVIDIA has been firing on all cylinders even without the Chinese tailwind. For instance, as per a recent assessment by UBS (detailed here), NVIDIA currently has visibility into a whopping $1.5 trillion in data center revenue! This aligns with NVIDIA's own statement during its Q1'26 earnings call, where it declared that it had visibility into "tens of gigawatts" of AI infrastructure projects. Coming back, while speaking to reporters in Washington DC, Huang just delivered the following remarks: "General-purpose, open-source research and foundation models are the backbone of AI innovation." He went on to note:

Nvidia Says 'Washington Gets It' After Trump's AI Czar David Sacks Says US Has To 'Outcompete' Global Rivals - NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)

On Tuesday, Jensen Huang-led Nvidia Corporation NVDA applauded Washington's AI strategy after Donald Trump's AI advisor, David Sacks, highlighted the need for U.S. tech to outpace global adversaries by becoming the international standard. What Happened: Nvidia's Newsroom X handle said, "Washington gets it: Winning the AI race means making the American stack the global standard," while sharing a video of Sacks on CNBC. In the video, Sacks can be heard saying, "We have to basically export American technology around the world," adding, "We want American technology to be the global standard... We want data centers across the world to be adopting the American technology stack." Trump's on AI and crypto czar drew parallels between Silicon Valley's success and the nation's AI ambitions, stressing that winning means building the biggest ecosystem globally. See Also: Nvidia CEO Jensen Huang To Attend China Supply Chain Expo In Beijing On Wednesday, Says State TV Why It's Important: The remarks came as AI chip stocks soared Tuesday, with Nvidia, Advanced Micro Devices, Inc. AMD and Taiwan Semiconductor Manufacturing Co. TSM among the top gainers. The rally was driven by major Trump investments in AI and energy infrastructure, particularly in Pennsylvania and reports emerging that the U.S. would ease some chip export restrictions to China. On Monday, Nvidia also announced that it will restart sales of its H20 GPU in China and has introduced a new RTX PRO graphics processor tailored specifically for the Chinese market. Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100. Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get Started Nvidia's China strategy came under scrutiny after reports came that a Chinese AI firm, DeepSeek, used shell companies to acquire H100 chips while aiding China's military and intelligence agencies. The AI chip giant had to suspend shipments of its China-specific H20 AI chips when the U.S. government ruled that a special license was needed, costing the company an estimated $2.5 billion in first-quarter revenue. Price Action: Nvidia shares dipped 0.29% in after-hours trading after climbing 4.04% during Tuesday's regular session, according to Benzinga Pro data. Benzinga's Edge Stock Rankings indicate that Nvidia continues to show strong upward momentum over the short, medium and long term. More detailed performance insights are available here. Read More: Get Ready For 800 Hours Of Blackouts, Trump's DOE Warns Photo: Hepha1st0s On Shutterstock.com Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. AMDAdvanced Micro Devices Inc$155.236.15%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum47.93Growth96.98Quality81.21Value12.88Price TrendShortMediumLongOverviewNVDANVIDIA Corp$170.203.74%TSMTaiwan Semiconductor Manufacturing Co Ltd$236.703.51%Market News and Data brought to you by Benzinga APIs

Nvidia's Jensen Huang: China Doesn't Need US Chips - NVIDIA (NASDAQ:NVDA)

Nvidia Corp. NVDA CEO Jensen Huang said that the Chinese military is not using his company's chips due to export controls and tensions between the U.S. and China. The Details: Speaking in a CNN interview on Sunday, Huang argued that China cannot depend on U.S.-made technology for its military needs because access to such technology could be restricted at any time. "It could be limited at any time; not to mention, there's plenty of computing capacity in China already," Huang said. "They don't need Nvidia's chips, certainly, or American tech stacks in order to build their military," he added. "They simply can't rely on it." Read Next: UnitedHealth Hits Reset: New Head Of Medicaid Appointed As CEO Reshapes Team Huang's remarks come in the context of U.S. export controls that restrict semiconductor firms from selling their most advanced AI chips to Chinese customers. The Nvidia CEO reiterated his criticism of the export restrictions, saying they have been counterproductive to the United States' goal of maintaining technological leadership. According to Huang, for American technology to become the global standard, it must be accessible to all AI developers worldwide -- including those in China, who make up about half of the global talent pool. Industry analysts, such as Daniel Newman of The Futurum Group, note that Huang is carefully balancing relations between Washington and Beijing with an approach designed to keep Nvidia positioned for future opportunities in China while avoiding actions that could provoke U.S. policymakers. Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100. Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get Started "He needs to walk a proverbial tightrope to make sure that he doesn't rattle the Trump administration," Newman told CNBC. Why It Matters: Last month, a senior U.S. government official told Reuters that Chinese AI firm DeepSeek is actively supporting China's military and intelligence agencies while finding ways to bypass American restrictions on advanced semiconductor exports. DeepSeek is alleged to have used shell companies in Southeast Asia and other workarounds to obtain large quantities of Nvidia's H100 chips, which are subject to strict export controls. Multiple sources familiar with the situation confirmed that DeepSeek acquired these chips after the U.S. ban was implemented. What Else: Huang is preparing to leave on his second trip to China this year as Nvidia works on a new chip that will meet the latest export rules. Last week, Huang also met with President Donald Trump and was warned by lawmakers not to meet with Chinese companies tied to the military or intelligence agencies, or those on the U.S. restricted list. NVDA Price Action: Nvidia shares were up 0.12% at $165.12 on Monday, according to Benzinga Pro. Read Next: Get Ready For 800 Hours Of Blackouts, Trump's DOE Warns Photo: Shutterstock NVDANVIDIA Corp$164.87-0.03%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum81.59Growth98.61QualityN/AValue6.40Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Nvidia in for Big Win in China Amid US Tech War

Nvidia says it expects U.S. government approval to export advanced artificial intelligence (AI) chips to the Chinese market. The green light would be a breakthrough for the chipmaker after months of navigating controls on semiconductor technology aimed at slowing China's progress on AI technologies with military applications. Newsweek reached out to the White House via written request for comment. Why It Matters China is a critical market for Nvidia, accounting for about 15.5 percent of its business as of April. That month, the White House said a special license would be required to export Nvidia's H20 GPU-a chip widely viewed as having contributed to the development of the Chinese AI model DeepSeek. Just days later, U.S. President Donald Trump said delivery of "all necessary permits" would be expedited after the tech giant announced a $500 billion investment in supercomputer production in the U.S. What To Know Nvidia's new chips, including the Blackwell series and a repurposed H20, are designed to comply with U.S. export rules, the company has said. CEO Jensen Huang continued his public relations offensive last week in Washington, D.C. In meetings with policymakers and Trump, Huang pledged that Nvidia remained committed to the administration's efforts to create jobs and bolster onshore manufacturing and domestic AI infrastructure, the company said in a statement published Monday. The government has given assurances that licenses to sell the H20 GPU would be granted, Nvidia said, adding that it hopes to resume deliveries soon. "General-purpose, open-source research and foundation models are the backbone of AI innovation. We believe that every civil model should run best on the U.S. technology stack, encouraging nations worldwide to choose America," Huang said. Nvidia shares closed at a record $170.70 on Tuesday after rising more than 4 percent in early trading. What People Have Said Lin Jian, Chinese Foreign Ministry spokesperson, said during Tuesday's press briefing: "I would like to point out that China's opposition to politicizing, instrumentalizing and weaponizing tech and trade issues and malicious attempts to blockade and keep down China is consistent and clear. These actions will destabilize the global industrial and supply chains, and serve no one's interests." Lia Holmgren, independent trader and trading coach, wrote on X: "$NVDA does it again, this move is unreal. Another all-time high today, and the stock tacked on $200B in market cap like it was nothing. Nvidia's now worth $4.1 trillion, that's 3.6 percent of global GDP." What's Next The resumption of H20 chip exports could unlock billions in revenue for Nvidia, currently the world's largest company by market cap, and shape the contours of the global AI industry, projected to be worth $50 billion by the end of the decade. Related Articles 2025 NEWSWEEK DIGITAL LLC. This story was originally published July 15, 2025 at 6:23 PM.

Nvidia CEO to hold media briefing in Beijing this week in...

Nvidia CEO Jensen Huang will hold a media briefing in Beijing on Wednesday, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the U.S. government has imposed restrictions on the export of Nvidia's most advanced chips to China, citing concerns over potential military applications. The U.S. also imposed a ban earlier this year on sales of Nvidia's H20 artificial intelligence chips to the country -- which had been Nvidia's most powerful AI chip cleared for Chinese sales. Huang's latest visit has been closely-watched in both the U.S. and China. A bipartisan pair of U.S. senators on Friday sent a letter to Huang about his China trip, asking him to abstain from meeting with companies that are working with military or intelligence bodies in the People's Republic of China. The senators also asked Huang to refrain from meeting with entities named on the U.S.' restricted export list. China generated $17 billion in revenue for Nvidia in the fiscal year ended Jan. 26, accounting for 13% of the company's total sales, based on its latest annual report. Huang has consistently highlighted China as a critical market for Nvidia's growth. Nvidia has faced increased competition from Chinese tech giant Huawei and other makers of graphics processing units -- the chips used to train artificial intelligence. But Chinese companies, including its big tech firms, still crave Nvidia chips due to the company's computing platform known as CUDA. Nvidia's market value topped $4 trillion for the first time last week, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology.

Nvidia's CEO says it has U.S. approval to sell its H20 AI computer chips in China

BANGKOK -- Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon," the post said. "Today, I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said. Huang recently met with Trump and other U.S. policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials. The broadcast showed Huang meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from rapid adoption of AI, becoming the first company to have its market value surpass US$4 trillion last week. However, the trade rivalry between the U.S. and China has been weighing heavily on the industry. Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that know-how meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities. In January, before U.S. President Donald Trump began his second term in office, the administration of President Joe Biden launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5 billion, and Huang and other technology leaders have been lobbying President Donald Trump to reverse the restrictions. They argue that such limits hinder U.S. competition in a leading edge sector in one of the world's largest markets for technology. They've also warned that U.S. export controls could end up pushing other countries toward China's AI technology. Nvidia's U.S. traded shares slipped 0.5 per cent in afterhours trading Monday, but its shares traded in Frankfurt, Germany, jumped 3.2 per cent early Tuesday.

Nvidia CEO can resume AI chip sales to China after meeting with...

Nvidia will resume sales of its H20 AI chips to China after CEO Jensen Huang met with President Donald Trump in the White House last week in an effort to convince him to remove export controls that had hamstrung the company. The Trump administration has assured Nvidia that licenses to export the chips will be granted, ending months of halted shipments that had severely impacted the company's access to one of its largest markets, according to a statement from the firm. The news sent Nvidia's stock soaring more than 5% in pre-market trading. Last week, the chipmaker became the first public company in history to surpass a $4 trillion market valuation. Daniel Ives, senior analyst at Wedbush Securities, hailed the development on Tuesday as "a watershed moment for Nvidia, the AI Revolution thesis, and the overall US tech industry," called the decision "a monster win for the Godfather of AI Jensen and Nvidia." He added that the green light will likely propel Wall Street's growth estimates for Nvidia "meaningfully over the coming years with China back in the fold." In April, Nvidia had paused shipments of the H20 chips -- leading to $4.5 billion in inventory write-downs and an estimated $2.5 billion in lost projected sales. The company halted sales of the chips after the Trump Administration implemented a licensing requirement as part of the president's "Liberation Day" trade moves. The halt not only impacted revenue but gave Chinese rivals an opening in the race for AI dominance. "This is all a game of high-stakes poker between Nvidia and the Trump Administration," Ives wrote in a note to clients. "There is only one chip in the world fueling the AI Revolution and it's Nvidia. That is clearly understood both in the Beltway and Beijing -- it's the new gold or oil in this world." The H20 chip was originally engineered to comply with earlier US export controls on China. With export licenses now expected, the company anticipates a significant boost in revenue during the second half of 2025. In May, Reuters reported that Nvidia was preparing to launch a new AI chip in China, based on the RTX Pro 6000D, priced significantly lower than the H20 due to its weaker specifications and simpler manufacturing requirements. The chip would be part of Nvidia's latest generation of Blackwell-architecture AI processors. China generated $17 billion in revenue for Nvidia in the fiscal year ending January 26, accounting for 13% of the company's total sales, according to its latest annual report. Nvidia has been pushing to re-integrate China into its supply chain, though Huang's visit drew scrutiny in both countries. A bipartisan group of US senators recently sent a letter to Huang urging him not to meet with Chinese companies connected to military or intelligence bodies. During his visits, Huang said the world has reached an inflection point where AI has become a fundamental resource, like "energy, water and the internet." He emphasized Nvidia's support for open-source research, foundation models, and applications that "democratise AI" and empower emerging economies. "General-purpose, open-source research and foundation models are the backbone of AI innovation," he told reporters in Washington. "We believe that every civil model should run best on the US technology stack, encouraging nations worldwide to choose America." Investor enthusiasm reflects Nvidia's dominant grip on the AI hardware market, where it commands an estimated 97% share of the GPU accelerator segment. GPU accelerators are powerful computer chips that help speed up complex tasks like training artificial intelligence systems. They work alongside regular processors to handle the heavy lifting of AI computations -- similar to a turbocharger in a car engine. Nvidia makes most of these chips, which is why it plays such a big role in the AI boom. Meanwhile, rival chipmakers such as AMD and Intel are expected to introduce their own offerings to meet Chinese demand for AI computing, putting additional pressure on regulators and global suppliers alike.

Nvidia CEO downplays role in lifting U.S. ban on chip sales to China

BEIJING -- The head of Nvidia downplayed his role in getting the U.S. government to lift a ban on selling an advanced computer chip in China and said it will take time to ramp up production once orders for the AI-processor come in. CEO Jensen Huang, speaking Wednesday in the Chinese capital Beijing, was upbeat about the prospects for the H20 chip, which was designed to meet U.S. restrictions on technology exports to China but nonetheless blocked in April. He met U.S. President Donald Trump before his trip and his company announced this week it had received assurances that sales to China would be approved. "I don't think I changed his mind," Huang told a cluster of journalists, many of whom asked for his autograph or to take selfies with him. A carefully organized press conference at a luxury hotel descended into a crowd scene when Huang arrived in his trademark leather jacket and started taking questions randomly in his characteristic casual style. Export controls and tariffs were something companies must adapt to in a world he said was reconfiguring itself. He described his role as informing governments in the U.S. and elsewhere of the nature and unintended consequences of their policies. The decision to lift the ban on the H20 chip was entirely in the hands of the American and Chinese governments and whatever trade talks they had, he said. "We can only influence them, inform them, do our best to provide them with facts," Huang said. "And then beyond that is out of our control." Nvidia said in April that sales restrictions on its chip in China on national security grounds would cost the company US$5.5 billion. The White House also blocked a chip from Advanced Micro Devices. Both companies say the Commerce Department is now moving forward with license applications to export them to China. Huang said his company would likely be able to recover some of its losses but it's unclear how much. That will depend on how many H20 orders are received and how quickly Nvidia can meet the demand. "I think that H20 is going to be very successful here," he said, noting the chip's memory bandwidth makes it a good fit for the AI models being developed by Chinese companies such as DeepSeek and Alibaba. Huang also touted the release of a new RTX Pro graphics chip that he said would power the development of humanoid robots. He described robotic systems with teams of robots working alongside people as the next wave in AI. "Because there's so much robotics innovation going on and so much smart factory work being done here and the supply chain is so vast, RTX Pro is perfect," he said.

US senators warn Nvidia CEO about upcoming China trip

SAN FRANCISCO (Reuters) -A bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls. The letter from Republican Senator Jim Banks and Democratic Senator Elizabeth Warren asked Huang to also abstain from meeting with representatives of companies that are working with the People's Republic of China's military or intelligence bodies and are named on the U.S. restricted export list. "We are worried that your trip to the PRC could legitimize companies that cooperate closely with the Chinese military or involve discussing exploitable gaps in U.S. export controls," the senators wrote. Huang planned to visit China on Friday. An Nvidia spokesperson said, "American wins" when its technology sets "the global standard," and that China has one of the largest bodies of software developers in the world. AI software "should run best on the U.S. technology stack, encouraging nations worldwide to choose America," the spokesperson said. In May at the Computex trade show in Taipei, Huang praised President Donald Trump's decision to scrap some artificial intelligence chip export controls and described the prior diffusion rules as a failure. U.S. restrictions in April on AI chips Nvidia modified to comply with export controls to China would reduce Nvidia's revenue by $15 billion, the CEO said. The hardware necessary to power advanced AI is now subject to a bipartisan consensus related to the free export of such hardware, the senators wrote. Advanced AI hardware could "accelerate the PRC's effort to modernize its military," the letter reads. U.S. lawmakers have grown increasingly concerned about efforts to circumvent export controls to China and proposed a law that would force AI chip companies to verify the location of their products. Last month, Reuters reported that a senior U.S. official said the AI firm DeepSeek is aiding China's military and intelligence operations, and sought to use shell companies to circumvent U.S. AI chip export controls to China. Nvidia is planning to launch a cheaper version of its flagship Blackwell AI chips for China, Reuters reported in May. (Reporting by Max A. Cherney in San FranciscoEditing by Rod Nickel)

Nvidia plans to launch new AI chip designed specifically for China as soon as September - FT

NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows: - computing and networking solutions (77.8%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.; - graphics processors (22.2%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms. Net sales break down by industry between data storage (78%), gaming (17.1%), professional visualization (2.5%), automotive (1.8%) and other (0.6%). Net sales are distributed geographically as follows: the United States (44.3%), Taiwan (22%), China (16.9%) and other (16.8%).

Nvidia to resume H20 GPU chip sales to China, launches mainland-compliant model

BEIJING/HONG KONG (Reuters) -Nvidia said on Monday it will resume sales of its H20 artificial intelligence chip to China and has introduced a new model tailored to meet regulatory requirements in the Chinese market. Nvidia, the world's most valuable company, is filing applications with the U.S. government to resume sales to China of the H20 graphics processing unit (GPU), and expects to get the licences soon, the company said in a statement. Deliveries are expected to begin shortly thereafter, it added. "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," Nvidia said in a statement. The White House did not immediately respond to a request for comment. CEO Jensen Huang is scheduled to hold a media briefing in Beijing on Wednesday when he attends a supply chain expo, his second visit to China after a trip in April where he stressed the importance of the Chinese market. The move to resume sales of the H20 chips comes amid easing tensions between Washington and Beijing, with China relaxing controls on rare earth exports and the United States allowing chip design software services to resume in China. The H20 chip was developed specifically for the Chinese market after U.S. export restrictions were imposed on national security grounds in late 2023. The AI chip was Nvidia's most powerful legally available product in China until it was effectively banned by Washington in April. The H20 ban forced Nvidia to write off $5.5 billion in inventories, and Huang told the Stratechery podcast earlier this year that the company also had to walk away from $15 billion in sales. Nvidia's AI chips have been a key focus of U.S. export controls designed to keep the most advanced chips out of Chinese hands, amid intense competition between the superpowers to dominate the AI race. The company also announced the development of a new AI chip designed specifically for China, called the RTX Pro GPU. Nvidia described the model as "fully compliant" with U.S. export controls and suitable for digital twin AI applications in sectors such as smart factories and logistics. In May, Reuters reported Nvidia was preparing to launch a new AI chip, based on the RTX Pro 6000D, in China at a significantly lower price point than the H20. The graphics processing unit would be part of Nvidia's latest generation Blackwell-architecture AI processors and was expected to be priced well below the the H20 due to its weaker specifications and simpler manufacturing requirements, sources said. Huang has met with U.S. President Donald Trump and policymakers in Washington and later with officials in Beijing, as part of efforts to promote AI cooperation and highlight Nvidia's support for open-source research and global AI development, the company said. (Reporting by Liam Mo in Beijing, Anne Marie Roantree in Hong Kong and Surbhi Misra in Bengaluru; Editing by Sumana Nandy and Stephen Coates)

Nvidia to resume sales of AI chip to China as CEO visits Beijing

BEIJING/HONG KONG (Reuters) -Nvidia said it plans to resume sales of its H20 artificial intelligence chip to China, days after its CEO, who is visiting Beijing, met U.S. President Donald Trump. Nvidia's AI chips have been a key focus of U.S. export controls designed to keep the most advanced chips out of Chinese hands amid national security concerns, restrictions that the U.S.-listed company said would cut its revenue by $15 billion. The world's most valuable firm is filing applications with the U.S. government to resume sales to China of the H20 graphics processing unit (GPU), and expects to get the licences soon, Nvidia said in a statement. "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," it said. Nvidia, which has criticised the export restrictions the Trump administration imposed in April that stopped it from selling its H20 chip in China, also said it has introduced a new model tailored to meet regulatory rules in the Chinese market. The White House did not immediately respond to a request for comment. The U.S. government has expressed concern that the Chinese military could use AI chips to develop weapons. Nvidia CEO Jensen Huang is scheduled to hold a media briefing in Beijing on Wednesday when he attends a supply chain expo, his second visit to China after a trip in April where he stressed the importance of the Chinese market. "The Chinese market is massive, dynamic, and highly innovative, and it's also home to many AI researchers. Therefore, it is indeed crucial for American companies to establish roots in the Chinese market," Huang told Chinese state broadcaster CCTV on Tuesday. SUPPLY CHAIN Nvidia has faced increased competition from Chinese tech giant Huawei and other makers of graphics processing units - the chips used to train artificial intelligence. But Chinese companies, including its big tech firms, still crave Nvidia chips due to the company's computing platform known as CUDA. Huang's visit is being closely watched in both China and the United States, where a bipartisan pair of senators last week sent a letter to the CEO asking him to abstain from meeting companies that are working with military or intelligence bodies. The senators also asked Huang to refrain from meeting with entities named on the United States' restricted export list. The move to resume sales of the H20 chips comes amid easing tensions between Washington and Beijing, with China relaxing controls on rare earth exports and the United States allowing chip design software services to resume in China. "The uncertainties between the U.S. and China remain high and despite a pause in H20's ban, Chinese companies will continue to diversify their options to better protect their supply chain integrity," said He Hui, research director of semiconductors at Omdia. The H20 chip was developed specifically for the Chinese market after U.S. export restrictions were imposed on national security grounds in late 2023. The AI chip was Nvidia's most powerful legally available product in China until it was effectively banned by Washington in April. The H20 ban forced Nvidia to write off $5.5 billion in inventories, and Huang told the Stratechery podcast earlier this year that the company also had to walk away from $15 billion in sales. Nvidia also announced the development of a new AI chip designed specifically for China, called the RTX Pro GPU. The company described the model as "fully compliant" with U.S. export controls and suitable for digital twin AI applications in sectors such as smart factories and logistics. In May, Reuters reported Nvidia was preparing to launch a new AI chip, based on the RTX Pro 6000D, in China at a significantly lower price point than the H20. The graphics processing unit would be part of Nvidia's latest generation Blackwell-architecture AI processors and was expected to be priced well below the H20 due to its weaker specifications and simpler manufacturing requirements, sources said. China generated $17 billion in revenue for Nvidia in the fiscal year ending January 26, accounting for 13% of the company's total sales, based on its latest annual report. Huang has consistently highlighted China as a critical market for Nvidia's growth. (Reporting by Liam Mo in Beijing, Anne Marie Roantree in Hong Kong, Surbhi Misra in Bengaluru and Trevor Hunnicutt in Washington; Editing by Stephen Coates)

Nvidia announces the return of its chips to China

Nvidia has announced its intention to relaunch the marketing of its H20 artificial intelligence chip in China, just days after its CEO met with US President Donald Trump in Washington, and while Jensen Huang is currently visiting Beijing. Nvidia's AI chips have been at the heart of US restrictions on exports of sensitive technologies for several months, aimed at preventing the most advanced semiconductors from falling into the hands of the Chinese military. These measures have forced the company to revise its revenue forecasts downwards, with an estimated shortfall of $15bn. The US tech giant had announced that it would no longer include China in its future estimates. A return to the Chinese market In a statement released on Monday evening, Nvidia said it had taken steps with the US government to obtain the necessary licenses to resume sales of the H20 chip, which was designed specifically for the Chinese market. "The US government has assured Nvidia that the licenses will be granted, and Nvidia hopes to begin shipments soon," the company said. The company, which had strongly criticized the restrictions imposed in April by the Trump administration, also announced that it has developed a new chip that complies with US export rules: the RTX Pro GPU. This model is intended for industrial uses such as logistics and digital twins, particularly in smart factories. A huge point of pressure Nvidia's CEO, who is expected to attend a supply chain trade show in Beijing on Wednesday, emphasized China's strategic importance in an interview with state television CCTV: "The Chinese market is huge, dynamic and highly innovative. It is also home to many AI researchers. It is therefore crucial for US companies to establish a strong presence there." At the same time, political pressure remains high in the United States. Last week, two senators, one Democrat and one Republican, urged Jensen Huang to avoid any meetings with entities linked to the Chinese military or on the US restricted export list. The H20 chip was developed in late 2023 to comply with existing US sanctions, but its ban in April forced Nvidia to take a $5.5bn charge on its inventory. Huang also said he had to forego $15bn in sales. A lasting arrangement? The resumption of sales comes amid relative calm between Beijing and Washington, marked by China's easing of restrictions on rare earths and the US resuming the supply of chip design software to China. But caution remains the watchword. "Uncertainty between the US and China remains high," warns He Hui, research director at Omdia. "Even with a temporary lifting of the ban on H20, Chinese companies will continue to diversify their suppliers to secure their supply chains." In parallel with the H20, Nvidia has confirmed the development of an additional chip for the Chinese market: the RTX Pro 6000D. Less powerful and easier to produce, it is expected to be marketed at a much lower price than the H20, according to information from Reuters in May. This new chip belongs to the latest generation of Blackwell architecture. China accounted for $17bn in revenue for Nvidia in its fiscal year ending January 26, representing 13% of the group's total revenue. Jensen Huang has always maintained that the country is a "critical" market for the company's growth. A different configuration This new chip, like the return of the H20, will have to face a Chinese market that has been profoundly transformed, notably by the arrival of a major competitor: Huawei. As we explained in the article "Huawei, Nvidia's Chinese nightmare," the Chinese giant's latest Ascend chip and CloudMatrix servers are tailor-made to meet the needs of the local market. Nvidia will therefore have to regain ground in a market that has already changed significantly in just a few months.

Nvidia's Huang hails Chinese AI models as 'world class'

BEIJING/SHANGHAI (Reuters) -Nvidia CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba and Tencent as "world class" and said AI was "revolutionising" supply chains, at an exhibition in Beijing on Wednesday. Huang spoke briefly at the opening ceremony of a supply chain expo, one day after the AI giant said it would once again be able to sell its highly popular H20 chips in China. Billionaire Huang is on his third visit to China this year, days after meeting with U.S. President Donald Trump, as his firm walks a tightrope between the world's two largest economies, each of which is battling for global dominance in AI and other cutting edge technologies. Huang is also expected to hold a closed door media event in Beijing later on Wednesday afternoon. The CEO of the world's most valuable firm told state broadcaster CCTV on Tuesday that the Chinese market is massive, dynamic, and highly innovative, and it's crucial for American companies to establish roots in China. On Tuesday, U.S. Commerce Secretary Howard Lutnick said the planned resumption of sales of Nvidia's H20 AI chips to China was part of U.S. negotiations on rare earths. "The most recent change was really related to the constructive and positive discussions between the U.S. government and the Chinese government as it relates to export control discussions," Huang told media on the sidelines of the expo opening. "I have been assured that the licenses will come very fast. There are many order books already in," he added. Orders from Chinese companies for the chips need to be sent by Nvidia to the U.S. government for approval. Sources said that internet giants ByteDance and Tencent are in the process of submitting applications. ByteDance denied that it is currently submitting applications. Tencent did not respond to a request for comment. Nvidia has also announced it is developing a new chip for Chinese clients called the RTX Pro GPU that would also be compliant with U.S. export restrictions. (Reporting by Che Pan, Ellen Zhang and Casey Hall; Editing by Sonali Paul)

Nvidia CEO to hold media briefing in Beijing on July 16

BEIJING (Reuters) -Nvidia CEO Jensen Huang will hold a media briefing in Beijing on July 16, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the U.S. government has imposed restrictions on the export of Nvidia's most advanced chips to China, citing concerns over potential military applications. The U.S. also imposed a ban earlier this year on sales of Nvidia's H20 artificial intelligence chips to the country - which had been Nvidia's most powerful AI chip cleared for Chinese sales. Huang's latest visit has been closely-watched in both U.S. and China. A bipartisan pair of U.S. senators on Friday sent a letter to Huang about his China trip, asking him to abstain from meeting with companies that are working with military or intelligence bodies in the People's Republic of China. The senators also asked Huang to refrain from meeting with entities named on the United States' restricted export list. Nvidia has faced increased competition from Chinese tech giant Huawei and other makers of graphics processing units - the chips used to train artificial intelligence. But Chinese companies, including its big tech firms, still crave Nvidia chips due to the company's computing platform known as CUDA. China generated $17 billion in revenue for Nvidia in the fiscal year ending January 26, accounting for 13% of the company's total sales, based on its latest annual report. Huang has consistently highlighted China as a critical market for Nvidia's growth. Nvidia's market value topped $4 trillion for the first time last week, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology. (Reporting by Che Pan, Mei Mei Chu; Editing by Tom Hogue and Jane Merriman)

Chinese firms rush to buy Nvidia AI chips as sales set to resume

BEIJING/HONG KONG (Reuters) -Chinese firms are scrambling to buy Nvidia's H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to the mainland days after its CEO met U.S. President Donald Trump. Nvidia's AI chips have been a key focus of U.S. export controls designed to keep the most advanced chips out of Chinese hands over national security concerns. The U.S.-listed company has said the curbs would cut its revenue by $15 billion. The world's most valuable firm is filing applications with the U.S. government to resume sales to China of the H20 graphics processing unit (GPU), and expects to get the licences soon, Nvidia said in a statement. "The U.S. government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," said the company, whose chief executive, Jensen Huang, is visiting Beijing and set to speak at an event on Wednesday. The White House, which has previously expressed concern that the Chinese military could use AI chips to develop weapons, did not respond to a request for comment. Chinese companies have scrambled to place orders for the chips, which Nvidia would then need to send to the U.S. government for approval, the sources familiar with the matter said. They added that internet giants ByteDance and Tencent are in the process of submitting applications. Central to the process is a "whitelist" put together by Nvidia for Chinese companies to register for potential purchases, one of the sources said. ByteDance and Tencent did not respond to a request for comment. Nvidia did not respond to a request for comment regarding the "whitelist". Nvidia, which has criticised the export curbs the Trump administration imposed in April that stopped it from selling its H20 chip in China, also said it has introduced a new model tailored to meet regulatory rules in the Chinese market. Huang is set fpr a media briefing in Beijing on Wednesday when he attends a supply chain expo. The Nvidia CEO also visited China in April and stressed the importance of the Chinese market. "The Chinese market is massive, dynamic, and highly innovative, and it's also home to many AI researchers," Huang told Chinese state broadcaster CCTV on Tuesday. "Therefore, it is indeed crucial for American companies to establish roots in the Chinese market." Nvidia's Frankfurt-listed shares jumped 3.2%. Asked at a regular foreign ministry briefing in Beijing about Nvidia's plans to resume AI chip sales, a spokesperson said, "China is opposed to the politicisation, instrumentalisation and weaponisation of science, technology and economic and trade issues to maliciously blockade and suppress China." SUPPLY CHAIN Nvidia has faced increased competition from Chinese tech giant Huawei and other makers of GPUs - the chips used to train artificial intelligence. But Chinese companies, including big tech firms, still crave Nvidia chips for its computing platform known as CUDA. Huang's visit is being closely watched in both China and the United States, where a bipartisan pair of senators last week sent the CEO a letter asking him to abstain from meeting companies working with military or intelligence bodies. The senators also asked Huang to refrain from meeting with entities named on the United States' restricted export list. The move to resume sales of the H20 chips comes amid easing tensions between Washington and Beijing, with China relaxing controls on rare earth exports and the United States allowing chip design software services to restart in China. "The uncertainties between the U.S. and China remain high and despite a pause in H20's ban, Chinese companies will continue to diversify their options to better protect their supply chain integrity," said He Hui, research director of semiconductors at Omdia. The H20 chip was developed specifically for the Chinese market after U.S. export curbs imposed on national security grounds in late 2023. The AI chip was Nvidia's most powerful legally available product in China until it was effectively banned by Washington in April. The H20 ban forced Nvidia to write off $5.5 billion in inventories, and Huang told the Stratechery podcast this year that the company also had to walk away from $15 billion in sales. Nvidia also announced the development of a new AI chip designed specifically for China, called the RTX Pro GPU. The company described it as "fully compliant" with U.S. export controls and suitable for digital twin AI applications in sectors, such as smart factories and logistics. In May, Reuters reported Nvidia was preparing to launch in China a new AI chip, based on the RTX Pro 6000D, at a significantly lower price point than the H20. The graphics processing unit would be part of Nvidia's latest generation Blackwell-architecture AI processors and was expected to be priced well below the H20 for its weaker specifications and simpler manufacturing requirements, sources said. China generated $17 billion in revenue for Nvidia in the fiscal year ending January 26, or 13% of total sales, based on its latest annual report. Huang has consistently highlighted China as a critical market for Nvidia's growth. (Reporting by Liam Mo and Che Pan in Beijing, Anne Marie Roantree in Hong Kong, Surbhi Misra in Bengaluru and Trevor Hunnicutt in Washington; Editing by Saad Sayeed and Clarence Fernandez)

Nvidia Gets US Green Light to Sell H20 AI Chips to China

Nvidia Corp. (NVDA) plans to resume sales of its H20 AI chip to China after securing Washington's assurances that such shipments would get approved, a dramatic reversal from the Trump administration's earlier stance. US government officials told Nvidia they would green-light export licenses for the H20 artificial intelligence accelerator, the company said in a blog post. That China-specific variant was created to comply with earlier trade curbs, but has since April also been blocked from sale in the country without a US permit. Billionaire co-founder Jensen Huang appeared on Chinese state broadcaster CCTV shortly after Nvidia announced the decision, saying the company had secured approval to begin shipping.

Nvidia to resume sales of AI chips to China

STORY: Nvidia is set to resume selling AI chips to China. The company said in a statement that it's seeking permission from Washington for the move. That comes days after boss Jensen Huang met with U.S. President Donald Trump. Nvidia's AI chips have been a key focus of U.S. export controls, over concern they could be used by China's military. The firm has said the curbs could cut its sales by $15 billion. Now Huang is expected to hold a media briefing in Beijing on Wednesday (July 15) where he's attending a trade expo. His visit will be closely watched by the U.S., where two lawmakers have asked him not to meet companies linked to defense or intelligence applications. On Tuesday (July 14), he told state media in the country that it was crucial for American companies to establish roots in China. Nvidia faces growing competition from Chinese tech rivals, including Huawei. But firms in the country remain hungry for its AI chips. Now the U.S. giant says it will develop a new model for the Chinese market, ensuring it is fully compliant with all U.S. export controls. The move to resume sales comes after Washington and Beijing agreed a provisional trade truce. However, it's unclear how long that will last, with China facing an August 12 deadline to reach a durable deal with the White House.

Nvidia's resumption of AI chips to China is part of rare earths talks, says US

WASHINGTON/BEIJING/HONG KONG (Reuters) -Nvidia's planned resumption of sales of its H20 AI chips to China is part of U.S. negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday, and comes days after its CEO met President Donald Trump. "We put that in the trade deal with the magnets," Lutnick told Reuters, referring to an agreement Trump made to restart rare earth shipments to U.S. manufacturers. He did not provide additional detail. Nvidia said late on Monday that it is filing applications with the U.S. government to resume sales to China of its H20 graphics processing unit, and has been assured by the U.S. it will get the licences soon. The planned resumption is a reversal of an export restriction imposed in April that is designed to keep the most advanced AI chips out of Chinese hands over national security concerns, an issue that has found rare bipartisan support. It drew swift questions and criticism from U.S. legislators on Tuesday. The decision "would not only hand our foreign adversaries our most advanced technologies, but is also dangerously inconsistent with this Administration's previously-stated position on export controls for China," Democratic Representative Raja Krishnamoorthi, ranking member of the House of Representatives Select Committee on China, said in a statement. Republican John Moolenaar, chair of that committee, said in a statement he would seek "clarification" from the Commerce Department. "The H20 is a powerful chip that, according to our bipartisan investigation, played a significant role in the rise of PRC AI companies like DeepSeek," Moolenaar said, referring to a Chinese startup that claims to have built AI models at a fraction of the cost paid by U.S. firms such as OpenAI. "It is crucial that the U.S. maintain its lead and keep advanced AI out of the hands of the CCP." Shares of Nvidia, the world's most valuable firm, closed up 4% and were nearly unchanged in after-market trading. Nvidia had estimated that the curbs would cut its revenue by $15 billion. Nvidia's plan to resume sales has set off a scramble at Chinese firms to buy H20 chips, two sources told Reuters. The chips that Nvidia will resume selling are the best it can legally offer in China but lack much of the computing power of the versions for sale outside of China because of previous restrictions put in place by Trump's first administration and then President Joe Biden's administration. But critically, H20 chips work with Nvidia's software tools, which have become a de facto standard in the global AI industry. CEO Jensen Huang, who is visiting Beijing and set to speak at an event on Wednesday, has argued that Nvidia's leadership position could slip away if the company cannot sell to Chinese developers being courted by Huawei Technologies with chips produced in China. The significance of the shift depends on the volume of H20 chips that the U.S. allows to be shipped to China, said Divyansh Kaushik, an AI expert at Beacon Global Strategies, a Washington-based advisory firm. "If China is able to get a million H20 chips, it could significantly narrow, if not overtake, the U.S. lead in AI," he said. CHINA IS CRUCIAL "The Chinese market is massive, dynamic, and highly innovative, and it's also home to many AI researchers," Huang told Chinese state broadcaster CCTV on Tuesday. China generated $17 billion in revenue for Nvidia in the fiscal year ending January 26, or 13% of total sales, based on its latest annual report. Internet giants ByteDance and Tencent are also in the process of submitting applications for H20 chips, the sources familiar with the matter said. Central to the process is an approved list put together by Nvidia for Chinese companies to register for potential purchases, one of the sources said. ByteDance and Tencent did not respond to a request for comment. Nvidia declined to comment on the approved list system. Asked at a regular foreign ministry briefing in Beijing about Nvidia's plans to resume AI chip sales, a spokesperson said: "China is opposed to the politicisation, instrumentalisation and weaponisation of science, technology and economic and trade issues to maliciously blockade and suppress China." China halted exports of rare earths in March following a trade spat with Trump that has showed some signs of easing. It dominates the market for rare earths, a group of 17 metals used in cellphones, weapons, electric vehicles, and more. Huang's visit is being closely watched in both China and the United States, where a bipartisan pair of senators last week sent the CEO a letter asking him to abstain from meeting companies working with military or intelligence bodies. The senators also asked Huang to refrain from meeting with entities named on the United States' restricted export list. Rival AI chipmaker AMD also said the Department of Commerce would review its licence applications to export its MI308 chips to China; it plans to resume those shipments when licences are approved, it said. Its shares gained 7% in trading on Tuesday. (Reporting by Liam Mo and Che Pan in Beijing, Anne Marie Roantree in Hong Kong, Surbhi Misra, Arsheeya Bajwa and Akriti Shah in Bengaluru, Stephen Nellis in San Francisco, Jarrett Renshaw and Trevor Hunnicutt in Washington and Karen Freifeld in New York. Editing by Nick Zieminski and Rosalba O'Brien)