Source: Financial Times [UK]
“Nvidia has said the Trump administration has relaxed restrictions on exporting a key artificial intelligence product designed specifically for the Chinese market, saying it hoped to resume deliveries of its H20 chip ‘soon.’ The US chipmaker on Tuesday said it had received assurances from the US government that it would approve licences for the H20, while announcing plans to release a new China-specific AI chip. Nvidia reported a $4.5bn charge in the first quarter after Washington restricted its ability to sell its H20 chip to China in April, which had been designed to comply with a previous version of export controls on advanced semiconductors. The assurances come after intense lobbying by the US chipmaker, warning that America risked forfeiting its leadership in AI to Chinese companies, including Huawei, by cutting off exports of critical technology.” (07/15/25)