NVIDIA to resume sales of H20 GPU chips to China

NVIDIA said on Monday it will resume sales of its H20 artificial intelligence chip to China.

The U.S. chip giant is filing applications with the U.S. government to resume sales of the H20 graphics processing unit (GPU) to China and expects to receive the licenses soon, the company said in a statement. Deliveries are expected to begin shortly thereafter, it added.

"The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," the company said.

NVIDIA CEO Jensen Huang called it "very good news" when speaking to reporters in Beijing on Tuesday. He is scheduled to attend the third China International Supply Chain Expo on Wednesday.

"We'll start to sell H20s to the Chinese market. I'm looking forward to shipping H20s very soon. I'm very happy with that very good news," said Huang.

The move to resume sales of the H20 chips comes amid easing tensions between Washington and Beijing, with China relaxing controls on rare earth exports and the U.S. allowing chip design software services to resume in China.

Huang also announced the development of a new AI chip called the RTX Pro GPU.

He noted that the new chip is very important, as "it's designed for computer graphics, digital twins and AI."

Huang praised China's rapid advancements in AI, describing the Chinese market as both "large" and "dynamic."

"AI is moving very fast in China," Huang said. He emphasized the country's strong talent pool, noting that China is home to 50 percent of the world's AI researchers.

"AI is being applied to everything from consumer applications, internet shopping, grocery delivery to self-driving cars and all these incredible applications" in China, Huang said.

(With input from agencies)