Chinese technology companies, including major players like ByteDance and Tencent, are rapidly placing orders for Nvidia’s H20 AI chips following news that the company plans to resume sales to mainland China. This development comes after Nvidia’s CEO, Jensen Huang, met with U.S. President Donald Trump, leading to expectations that the U.S. government will grant licenses allowing Nvidia to restart shipments of these restricted processors. Despite the H20 chips having reduced computing power compared to versions sold outside China due to export restrictions, the demand remains high, potentially generating $15 billion to $20 billion in additional revenue for Nvidia this year. Nvidia is preparing to file applications with the U.S. government to facilitate the resumption of sales, as the company has received assurances that licenses will be approved soon.<\/p>\n","protected":false},"excerpt":{"rendered":"
Chinese technology companies, including major players like ByteDance and Tencent, are rapidly placing orders for Nvidia’s H20 AI chips following news that the company plans to resume sales to mainland…<\/p>\n","protected":false},"author":1,"featured_media":951,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1434],"tags":[995,11624,413,268,8840],"class_list":["post-9453","post","type-post","status-publish","format-standard","has-post-thumbnail","category-global","tag-ai-chips","tag-chinese-tech-companies","tag-global-startup-news","tag-nvidia","tag-u-s-china-trade"],"acf":[],"yoast_head":"\n