Nvidia Resumes China Chip Sales After Regulatory Hurdles
Summary
- Nvidia will resume sales of its H20 AI chips to China.
- The company expects to receive US government licenses soon.
- A new chip, RTX Pro, is designed for the Chinese market and complies with US regulations.
- The H20 chip is the most powerful Nvidia can legally sell to China.
Overall Sentiment: 🟢 Positive
AI Explanation
Nvidia plans to restart sales of its H20 AI chips to China after a period of uncertainty involving US export restrictions. The company announced it's applying for licenses to resume sales, expecting approval and subsequent deliveries shortly. This follows earlier restrictions and a subsequent reversal. Simultaneously, Nvidia is launching a new chip, RTX Pro, specifically designed for the Chinese market and claimed to be fully compliant with US regulations, targeting applications in digital manufacturing. The H20 chip, while not Nvidia's most advanced, is the most powerful currently permitted for sale in China.
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