Nvidia, under CEO Jensen Huang, has obtained U.S. approval to sell its advanced H20 computer chips to China, aiming to support AI development. The U.S. government assured the company that licenses would be granted, enabling Nvidia to begin shipments soon. The vast presence of AI researchers in China highlights the necessity for American firms to compete in this fast-growing market. Despite the approval, concerns persist regarding the implications of advanced technology sales amid U.S.-China trade tensions.
Nvidia's CEO Jensen Huang announced that the U.S. government has approved the sale of H20 computer chips to China, facilitating AI development.
The approval is significant as half of the world's AI researchers are based in China, emphasizing the importance for American companies to compete in this market.
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