Nvidia is reportedly moving forward by securing U.S. export licenses to ship its state-of-the-art H20 chips to China, signaling a potential easing of tech restrictions amid ongoing geopolitical tensions. (NVDA: NASDAQ)
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Nvidia CEO Jensen Huang is preparing to accelerate sales of its groundbreaking chips to China the moment U.S. restrictions on the H20 AI chip are lifted, aiming to solidify the company’s presence in this crucial market, CNBC reports
Nvidia CEO announced that the company will exclude China from its financial forecasts, a direct response to tighter US chip export controls. This move underscores the rising geopolitical tensions dramatically transforming the semiconductor industry