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Nvidia CEO: AI chip sales in China is back
Financial Express Lucknow
|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 Lucknow.
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