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Nvidia CEO: AI Chip Sales in China Are Back

Financial Express Ahmedabad

|

July 16, 2025

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.

- ASSOCIATED PRESS

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 US 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 US 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.

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No problem with Centre, except on statehood, but L-G interfering: Omar

J&K CHIEF MINISTER

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‘Bike taxis have huge headroom to grow’

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Railways failed to monetise vacant land, says CAG report

OUT OF A land holding of about 488,000 hectares, the Indian Railways could identify by March 2023 only 13% as vacant land and managed to award a negligible 0.14% of it to developers, according to a report of the Comptroller and Auditor General of India (CAG) tabled in the Lok Sabha on Thursday.

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No binding pact: Shriram clarifies on MUFG deal

SHRIRAM FINANCE ON Thursday said it has not entered into any binding agreement with any investor, responding to a stock exchange query on a media report that Japan's Mitsubishi UFJ Financial Group (MUFG) may invest up to $5 billion in the company for a 20% stake.

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