Nvidia in talks with U.S. to sell a more advanced chip to China, Jensen Huang says

Core Viewpoint - Nvidia is in discussions with the U.S. government regarding the potential shipment of a new advanced chip, the B30A, to China, which is more powerful than the currently allowed H20 chip [1][2]. Group 1: Nvidia's Chip Development and Government Relations - The B30A chip is being developed as a follow-up to the H20 chip, which is currently the only semiconductor Nvidia can sell in China [1][2]. - Nvidia's CEO Jensen Huang stated that the decision to offer the B30A to China ultimately lies with the U.S. government, and discussions are ongoing [2]. - Nvidia hopes to sell more advanced chips in China than the H20, indicating a desire to expand its market presence [2]. Group 2: Regulatory Challenges and Market Dynamics - The U.S. government has previously restricted the export of the H20 chip, but Nvidia received permission to resume sales in China, agreeing to give 15% of its China chip sales to the U.S. government for export licenses [3]. - Recent concerns from Chinese authorities regarding potential security vulnerabilities in Nvidia's chips have created additional challenges for the company [4]. - Nvidia has asserted that its products do not contain "kill switches and backdoors," addressing security concerns raised by Chinese regulators [4].