NVIDIA: Resumption of H20 Chip Exports to China
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NVIDIA can once again export its H20 series AI chips to China. This is made possible by new export licenses from the US government – a reversal of the restrictions imposed in April, which resulted in NVIDIA suffering revenue losses of around $15 billion and write-offs of $5.5 billion. CEO Jensen Huang recently emphasized that China remains essential for the development of artificial intelligence and the return there is strategically crucial. Positive Market Reaction – China as a Growth Driver The prospect of new deliveries caused NVIDIA’s...
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