NVIDIA Wins China Sales Approval: Will H20 Chip Deal Boost Growth?

Key Takeaways NVIDIA Corporation (NVDA) has received approval to sell its H20 artificial intelligence (AI) chips in China after signing a deal with the U.S. government. This marks a significant development for the company's growth prospects. Under the terms of the agreement, NVIDIA will pay 15% of total revenues from H20 sales in China to the U.S. government. While this revenue-sharing condition may slightly impact margins, the deal opens a valuable door to one of the largest AI markets globally. NVIDIA's H ...