Tuesday, 15 July, 2025
Nvidia to Resume H20 AI Chip Sales to China After U.S. Export License Assurance
Nvidia plans to restart sales of its H20 AI chips to China after receiving assurance from the U.S. government that export licenses will be approved. The reversal ends restrictive April export controls that had cost the company an estimated $10–15 billion in revenue. CEO Jensen Huang, who recently met with former President Trump, emphasized that timely approval is expected and deliveries will begin soon.
Read full story at Economic Times