Nvidia CEO Jensen Huang announced plans to increase supply of Chinese-compliant H20 chips and introduce more advanced semiconductors to China. The decision to resume sales of the H20 chip to China follows negotiations on rare earths. Huang emphasized the quality of the H20 chip and expressed intentions to bring even more advanced chips to the Chinese market. The move marks a reversal of export restrictions imposed in April over national security concerns. Nvidia is also developing a new chip, the RTX Pro GPU, specifically for Chinese clients, focusing on smart factories and robot training.
Read more at Yahoo Finance: Nvidia to boost H20 chip sales to China after US export restrictions ease