NVIDIA to resume selling H20 AI chips in China
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Benzinga on MSNNvidia Resumes H20 Shipments To China As Jensen Huang Meets Trump, Beijing OfficialsNvidia Corp. announced it will resume sales of its H20 AI chips to China and unveiled a new RTX PROPU tailored for the Chinese market, according to Benzinga. CEO Jensen Huang stated that the company had received assurances from the U.
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Nvidia will resume sales of its H20 AI chips to China after CEO Jensen Huang met with President Donald Trump in the White House last week in an effort to convince him to remove export controls that had hamstrung the company.
Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.
Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.