The U.S. Department of Commerce resumes the export license for NVIDIA's H20 chip to China.

Foreign media: The U.S. Department of Commerce has started issuing licenses to NVIDIA to export H20 chips to China, a decision that revokes the previous ban from April.

NVIDIA had previously estimated losses of $8 billion due to export restrictions, but in May, it reduced the loss by $1 billion by reusing some materials. NVIDIA CEO Huang Renxun met with Trump, and the company applied to resume sales in July and was assured.

Despite this, the export of other advanced AI chips from NVIDIA to China remains restricted. U.S. restrictions on chip exports aim to curb China's AI and defense development, but China, as one of the world's largest semiconductor markets, still holds significant revenue value for U.S. chip manufacturers.

Original article: www.toutiao.com/article/1839971930437640/

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