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Published Date : 17/07/2025
Nvidia CEO Jensen Huang met with Chinese officials and discussed the resumption of H20 AI chip sales to China, praising the country's AI advancements.
Nvidia CEO Jensen Huang met with Chinese officials and discussed the resumption of H20 AI chip sales to China, praising the country's AI advancements.
Nvidia CEO Jensen Huang was all smiles and compliments as he made his third trip to China in just about half a year. As the leader and co-founder of the world's first, newly-minted $4 trillion market cap company, Huang had particular reasons to be happy when he met the press on Wednesday: Nvidia expected it would be able to resume sales of its less advanced H20 artificial intelligence chips to China after a three-month pause.
Huang said his understanding was that allowing Nvidia chips into China was part of an exchange with the U.S. for Beijing to release critically needed rare earths. CNBC has reached out to the White House for comment. Wearing his iconic black leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel about 15 minutes earlier than scheduled and took multiple questions in the nearly 90-degree Fahrenheit weather.
Frequently Asked Questions (FAQS):
Frequently Asked Questions (FAQS):
Q: What is the significance of Nvidia resuming H20 chip sales to China?
A: Resuming H20 chip sales to China is significant because it helps Nvidia regain market share and revenue in the Chinese market, which has been impacted by U.S. export controls.
Q: What did Jensen Huang discuss with Chinese Vice Premier He Lifeng?
A: Jensen Huang had a 'wonderful meeting' with Chinese Vice Premier He Lifeng, but clarified that their discussions did not include China's restrictions on battery technology or rare earths.
Q: Why did Nvidia halt H20 chip sales to China in April?
A: Nvidia was forced to halt H20 chip sales to China in April due to new U.S. requirements and export controls imposed by the U.S. government.
Q: How has Huawei been impacted by U.S. sanctions?
A: Huawei has been impacted by U.S. sanctions that predate the export controls on Nvidia, affecting its access to advanced chips and technology.
Q: What are some notable Chinese AI models mentioned by Jensen Huang?
A: Jensen Huang praised several Chinese AI models, including DeepSeek, Qwen, and Kimi, highlighting their excellence and open-source nature.
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