China, NVIDIA and AI
Digest more
Commerce secretary Howard Lutnick said the US’s reversal of restrictions on sales of chips to China followed recent trade negotiations with Beijing over rare earths. President Donald Trump curbed exports of Nvidia’s H2O artificial intelligence chips to China in April as part of an escalation of his trade war with Beijing.
U.S. Commerce Secretary said Nvidia's plans to start selling its H20 chips are tied to ongoing trade discussions with China regarding REEs.
2don MSN
A backroom political deal may have just unlocked billions in frozen AI chip sales to China, with whispers linking Howard Lutnick's Washington connections to Nvidia's sudden pathway back into the world's second-largest economy.
Chinese officials told Huang they welcomed foreign companies to carry on investing in the Asian nation, the Nvidia CEO said at a press conference in Beijing on Wednesday, the report noted.
Commerce Secretary Howard Lutnick explained the Trump administration's turnabout in assuring Nvidia that it [can sell its H20 artificial-intelligence chip](
US Commerce Secretary Lutnick states China is only receiving "4th best" Nvidia AI chip, H20, as part of a strategic move