Nvidia Secures US Approval to Resume H20 AI Chip Sales to China

Nvidia has received approval from the Trump administration to resume sales of its H20 artificial intelligence chips to China, reversing prior export restrictions imposed in April that had significantly impacted the company's revenue. This development follows extensive lobbying efforts by Nvidia CEO Jensen Huang, who met with President Trump and other U.S. policymakers to emphasize the importance of maintaining American competitiveness in AI technology and the risks of ceding market leadership to Chinese firms. Huang is currently in Beijing engaging with Chinese officials, including senior trade representatives, underscoring Nvidia's commitment to the Chinese market despite ongoing U.S.-China tech tensions. Alongside the approval, Nvidia announced plans to release a new China-specific AI chip compliant with U.S. export controls, aiming to balance regulatory compliance with market demands. Industry experts and commentators, including Jim Cramer, view the lifting of the H20 ban as a significant positive signal for Nvidia's market position and broader AI leadership. This move represents a rare easing in the tech standoff between the U.S. and China amid concerns over the military applications of advanced AI technology.