NVIDIA to resume sales of AI chip to China
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Nvidia CEO Jensen Huang says export controls on advanced chips require companies to adapt. Speaking in Beijing on Wednesday, he addressed the recent lifting of a U.S. ban on Nvidia's H20 chip sales to China.
Nvidia announced that sales of its H20 chip to China would resume, with Washington's nod. Read more at straitstimes.com. Read more at straitstimes.com.
Jensen Huang extolled China’s technological advances and said President Trump wouldn’t mind his meetings in Beijing.
Nvidia chief Jensen Huang said it would “accelerate the recovery” of its China sales, after a détente between Beijing and Washington allowed the leading AI chipmaker to resume shipments of a key processor specifically designed for the Chinese market.
Jensen Huang, the chipmaker’s chief executive, is trying to balance his company’s interests as the United States and China compete for supremacy in artificial intelligence.
Nvidia CEO Jensen Huang said he wants to ship chips that are more advanced that the H20 product to China. The U.S. reversed a ban that restricted Nvidia from sending its export control-compliant chip known as the H20 to China.
Nvidia Corp. boss Jensen Huang anticipates getting the first batch of US licenses to export H20 AI chips to China soon, formally allowing the company to resume sales of a much sought-after component in the world’s top semiconductor arena.
Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.
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"They don't need Nvidia's chips ... to build their military," Jensen Huang said in a CNN interview aired Sunday, days ahead of another trip to China.
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.
Nvidia CEO Jensen Huang said on Wednesday his firm was "doing our best" to serve China's vast market for semiconductors after meeting Beijing officials.