Nvidia's CEO says it gained US approval to sell H20 AI chips to China

Nvidia CEO Jensen Huang says the technology giant has won approval from United States President Donald Trump's administration to sell its advanced H20 computer chips, used to develop artificial intelligence, to China. The news came in a company blog post late on Monday, and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. "The US government has assured Nvidia that licences will be granted, and Nvidia hopes to start deliveries soon," the post said. "Today, I'm announcing that the US government has approved for us filing licences to start shipping H20s," Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. "It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China," he said.