#H20

NVIDIA’s H20 AI chip, designed for the Chinese market, faced export restrictions but received conditional clearance in mid-July, requiring a 15% revenue remit to the U.S. government. Despite this, H20’s future in China is uncertain. NVIDIA defends its H20 exports, emphasizing the U.S.’s need to compete with China in AI and avoid repeating the 5G situation where it lost its leadership position. They believe U.S. AI can become the global standard if the U.S. actively participates in the competition.

NVIDIA CEO Jensen Huang reaffirmed the company’s strong commitment to the Chinese market in a recent interview. He emphasized China’s significance, highlighting its rapid growth and the long-standing relationships NVIDIA has cultivated there. Huang stated the market is irreplaceable and acknowledged the current limitations on product offerings, while expressing a commitment to explore future strategies.