Nvidia to resume sales of AI chip to China

Nvidia said it plans to resume sales of its H20 artificial intelligence chip to China, days after its CEO, who is visiting Beijing, met US President Donald Trump, Report informs referring to Reuters.

Nvidia's AI chips have been a key focus of US export controls designed to keep the most advanced chips out of Chinese hands amid national security concerns, restrictions that the US-listed company said would cut its revenue by $15 billion.

The world's most valuable firm is filing applications with the US government to resume sales to China of the H20 graphics processing unit (GPU), and expects to get the licences soon, Nvidia said in a statement.

"The US government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," it said.

Nvidia, which has criticised the export restrictions the Trump administration imposed in April that stopped it from selling its H20 chip in China, also said it has introduced a new model tailored to meet regulatory rules in the Chinese market.