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China: Nvidia to resume sales of H20 AI chips to China
Storyline: Nvidia to resume sales of H20 AI chips to China [Voice_over] US tech giant Nvidia will resume sales of its H20 artificial intelligence chip to China following assurances from Washington. Nvidia CEO Jensen Huang is in Beijing to attend the China International Supply Chain Expo which opens tomorrow. He lauded China's achievements in AI and reiterated the importance of the Chinese market to American firms. [Sound_bite] Jensen Huang, CEO, Nvidia: "Today I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s. This is a once in a generation opportunity to lead the artificial intelligence technology. And in order to to lead the technology, we need to make sure that all the great researchers of artificial intelligence can use our technology stack. 50% of the world's AI researchers are here in China and there are so many innovative and dynamic companies here in China. It's really important that American companies are able to compete and serve the market here in China. It's a great springboard for all of the other markets as well." [Restrictions : No access Chinese mainland]
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