Nvidia has recently reached a historic milestone, becoming the first company with a market valuation of $4 trillion. In a promising turn of events, they are ready to restart sales of their AI GPUs to China, particularly the H20 model, which was previously paused due to U.S. government export restrictions.

Main Points

• Nvidia announced its intent to file license applications to sell the Nvidia H20 GPU to China again, a model specifically engineered to adhere to previous restrictions.
• This news comes in the wake of the Biden administration tightening export controls in late 2023 and the Trump administration enforcing stricter measures earlier this year.
• CEO Jensen Huang has been in discussions with notable officials, including former President Trump, regarding the revival of these sales.
• Nvidia anticipates commencement of deliveries soon, contingent upon approval of these applications by the U.S. government.

Additional Information

The H20 GPU, while being a generation behind Nvidia’s latest offerings, remains highly relevant and sought after within the AI sector. This is a significant opportunity for Nvidia to bolster its market presence in China, which holds a substantial percentage of the world’s AI talent.

For context, despite its innovative GPUs, Nvidia’s attempts to regulate chip exports have led to earlier losses, making this potential revival a crucial turning point.