Nvidia wins U.S. approval for China chip sales

Nvidia resumes H20 AI chip sales to China, potentially unlocking $20 billion and boosting stock amid new RTX Pro launch.

Nvidia has secured U.S. export licences to resume sales of its H20 AI chips to China, unlocking up to $20 billion in revenue and fuelling a major stock surge.

Alongside the H20 chip, Nvidia is rolling out a new RTX Pro chip for industrial AI in China, reinforcing its edge over domestic rivals like Huawei.

With China representing around 13% of Nvidia’s total revenue, this move re-establishes its foothold in the world’s second-largest AI market.

#Nvidia #AI #Chips #China #TechPolicy #Semiconductors #TickerNews