Nvidia says U.S. government will allow it to resume H20 AI chip sales to China

Core Viewpoint - Nvidia aims to resume sales of its H20 general processing units to clients in China, following assurances from the U.S. government regarding license grants [1][2]. Group 1: Sales and Licensing - Nvidia's sales of H20 chips were halted in April due to export controls, but the company expects to start deliveries soon with the U.S. government's support [2]. - The potential resumption of sales aligns with a preliminary trade deal between the U.S. and China, which includes discussions on rare earth exports and tech export controls [2]. Group 2: Market Impact and Strategy - Nvidia CEO Jensen Huang has highlighted that chip restrictions have significantly impacted the company's market share in China, reducing it by nearly 50% [3]. - Huang announced a new GPU, NVIDIA RTX PRO, designed to be fully compliant and suitable for applications in digital twin AI for smart factories and logistics [3]. Group 3: Government Relations and Advocacy - Huang has been actively lobbying against export controls, emphasizing their negative impact on American tech leadership [3]. - During meetings with U.S. President Trump and policymakers, Huang reiterated Nvidia's commitment to job creation and the goal of maintaining U.S. leadership in global AI [4]. - In China, Huang engaged with government and industry officials to discuss the benefits of AI and the advancement of safe and secure AI technologies [4].