Nvidia plans to restart H20 chip exports to China but needs U.S. license approvals
Nvidia informed its Chinese customers that H20 chip availability is constrained, according to The Information.
The chipmaker announced this week it plans to restart H20 exports to China, pending U.S. license approvals.
Sources told The Information that an April ban by U.S. authorities on H20 shipments compelled Nvidia to cancel orders and give up its reserved production slots at Taiwan Semiconductor Manufacturing Co. (TSMC).
At a Beijing event, CEO Jensen Huang explained that TSMC reallocated those assembly lines to different products, and re-establishing them could require up to nine months.
Huang added that once granted, export licenses for Chinese orders would be processed swiftly, and that Nvidia is preparing to increase its chip deliveries.
In a separate statement, China’s commerce ministry said the U.S. indicated it would approve exports of H20 chips to Chinese buyers. Huang confirmed that demand remains strong but emphasized that shipments still depend on final license clearances.
The company is also designing a graphics card for the Chinese market called the RTX Pro GPU, which meets U.S. export regulations and targets automated manufacturing operations and robotics training.
Huang sold $50 million in Nvidia stock this week
On Friday, Huang sold 75,000 Nvidia shares valued at approximately $12.94 million as part of a March plan permitting sales of up to 6 million shares. Earlier in the week, he divested 225,000 shares for about $37 million under the same arrangement.
A spike in AI demand and the GPUs that underpin large language models have driven Huang’s personal fortune upward and pushed Nvidia’s market capitalization beyond $4 trillion, ranking it as the most valuable firm globally.
On his third trip to China this year, Huang held talks with Commerce Minister Wang Wentao, who pressed global firms such as Nvidia to supply dependable, top‑tier offerings to Chinese consumers. Wang reiterated that China remains committed to attracting foreign investment and plans to further expand market access.
Huang also met with Ren Hongbin, head of the China Council for the Promotion of International Trade, and Vice Premier He Lifeng.
At a Beijing press conference on Wednesday, he praised AI models from Deepseek, Alibaba, and Tencent as “world class” and said AI is “revolutionising” supply chains.
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Nvidia plans to restart H20 chip exports to China but needs U.S. license approvals
Nvidia informed its Chinese customers that H20 chip availability is constrained, according to The Information.
The chipmaker announced this week it plans to restart H20 exports to China, pending U.S. license approvals.
Sources told The Information that an April ban by U.S. authorities on H20 shipments compelled Nvidia to cancel orders and give up its reserved production slots at Taiwan Semiconductor Manufacturing Co. (TSMC).
At a Beijing event, CEO Jensen Huang explained that TSMC reallocated those assembly lines to different products, and re-establishing them could require up to nine months.
Huang added that once granted, export licenses for Chinese orders would be processed swiftly, and that Nvidia is preparing to increase its chip deliveries.
In a separate statement, China’s commerce ministry said the U.S. indicated it would approve exports of H20 chips to Chinese buyers. Huang confirmed that demand remains strong but emphasized that shipments still depend on final license clearances.
The company is also designing a graphics card for the Chinese market called the RTX Pro GPU, which meets U.S. export regulations and targets automated manufacturing operations and robotics training.
Huang sold $50 million in Nvidia stock this week
On Friday, Huang sold 75,000 Nvidia shares valued at approximately $12.94 million as part of a March plan permitting sales of up to 6 million shares. Earlier in the week, he divested 225,000 shares for about $37 million under the same arrangement.
A spike in AI demand and the GPUs that underpin large language models have driven Huang’s personal fortune upward and pushed Nvidia’s market capitalization beyond $4 trillion, ranking it as the most valuable firm globally.
On his third trip to China this year, Huang held talks with Commerce Minister Wang Wentao, who pressed global firms such as Nvidia to supply dependable, top‑tier offerings to Chinese consumers. Wang reiterated that China remains committed to attracting foreign investment and plans to further expand market access.
Huang also met with Ren Hongbin, head of the China Council for the Promotion of International Trade, and Vice Premier He Lifeng.
At a Beijing press conference on Wednesday, he praised AI models from Deepseek, Alibaba, and Tencent as “world class” and said AI is “revolutionising” supply chains.
Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Read More