NVIDIA to resume H20 chip sales to China
Digest more
Teddy Bridgewater says he is suspended from high school coaching for giving benefits to players Nvidia says Trump administration lifts ban on AI chip sales to China Watch: Commuters Trapped as Flash Floods Swamp New York Subway Kay Robertson leaned on her faith to get her through grief of Phil's death
15hon MSN
Nvidia shares surged as the chipmaker is expected to sell H20 AI chips to China after US export license assurance
Nvidia Corporation surges on China export approval, boosting H20 chip momentum. Click for my updated look at NVDA stock and why I am downgrading it.
Nvidia surges to an all-time high on news it will resume Chip sales to China. US government officials told Nvidia they would green-light export licenses for the H20 artificial intelligence accelerator,
Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to find a local alternative that is as good as the U.S. company’s chips.
Explore more
Nvidia expects to be able to sell H20 chips in China once again after previously forecasting it would lose out on $8 billion in revenue this quarter related to sales restrictions.
Nvidia has been an artificial intelligence leader and major winner over the past few years. On July 16, CEO Jensen Huang may address one of the company's biggest challenges. But Nvidia has encountered one major hurdle along this path,
Nvidia Corporation continues to lead in AI & data centers, fueling stock growth despite risks & high valuations. Click for my NVDA update.