Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Nvidia CEO: AI chip sales in China is back
Financial Express Chennai
|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.
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.
This story is from the July 16, 2025 edition of Financial Express Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Chennai
Financial Express Chennai
Musk: AI robots will eventually outnumber us
ELON MUSK, A longtime critic of the World Economic Forum's (WEF) annual event in Davos, Switzerland, appeared at the gathering for the first time on Thursday, and predicted that robots will eventually outnumber humans.
1 min
January 23, 2026
Financial Express Chennai
Duroflex to step up omnichannel push
EYEING GROWTH Duroflex plans to raise ₹184 crore in fresh issue by the end of 2026 It plans launch of 120 stores from the IPO proceeds The IPO will comprise an offer for sale of over 22.5 mn shares
1 mins
January 23, 2026
Financial Express Chennai
At 4.4%, US economy grows fastest in 2 yrs
STRONGEST BACK-TO-BACK QUARTERS SINCE 2021
1 min
January 23, 2026
Financial Express Chennai
Scrappage policy needs strong incentives: Ashok Leyland CEO
DEMAND UNLOCK
2 mins
January 23, 2026
Financial Express Chennai
Extramarks bets on test prep & AI-led learning for next phase of growth
EDTECH FIRM EXTRAMARKS is looking to scale up its test preparation business sharply over the next two years, with a target of onboarding more than 100,000 students by FY27, as it deepens its presence within its existing school network and expands the use of its AI-led learning platform.
1 mins
January 23, 2026
Financial Express Chennai
Global OEMs coming to India for testing
IN A NOTABLE shift, foreign automotive OEMs are now coming to India to test their vehicles. For many years, Indian automotive OEMs had to send their vehicles abroad for testing, but that trend is changing.
1 min
January 23, 2026
Financial Express Chennai
Rupee breaks six-day losing streak, rises 7p to 91.63
THE RUPEE BROKE its six-day declining streak by staging a mild recovery on Thursday, sup- ported by an improvement in risk appetite after US President Donald Trump stepped back from tariff threats against Europe linked to Greenland. The currency gained 7 paise to close at 91.63.
1 min
January 23, 2026
Financial Express Chennai
Trump Vs Fed: Top court sounds alarm
US SUPREME COURT justices during arguments over President Donald Trump’s bid to fire Federal Reserve Governor Lisa Cook seemed to embrace the idea that the central bank’s independence to set monetary policy must be preserved and that eroding it would present real-world economic risks.
1 mins
January 23, 2026
Financial Express Chennai
Bets of RBI buying, lower state debt sale lift bonds
BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.
1 min
January 23, 2026
Financial Express Chennai
From $4 trn to a jobs economy
NEXT PHASE OF INDIA'S DEVELOPMENT MUST BE CITIZEN-FIRST, WITH EMPLOYMENT AT ITS CORE
4 mins
January 23, 2026
Listen
Translate
Change font size