Chinese firms rush for Nvidia chips as US prepares to lift ban
Chinese firms are rushing to order Nvidia's H20 AI chips as the company prepares to resume sales to mainland China following a ban. Nvidia anticipates receiving US government licenses soon after CEO Jensen Huang's meeting with President Donald Trump, potentially adding $15 billion to $20 billion in revenue this year. The company is filing applications to restart H20 sales and has been assured by the US government that licenses will be granted. Nvidia's financial success is tied to the demand for specialized hardware for efficient AI model execution, with its data center GPU designed for parallel computations needed by neural networks.
Ars Technica•