NVIDIA To Resume H20 AI Chip Sales To China
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Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
Jim Cramer believes that Nvidia Corp. (NASDAQ:NVDA) is poised to get a significant boost with the U.S. government assuring licenses for the sale of its H20 chips or general processing units to China,
Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for the company to resume sales of its AI chips to China after a surprise export ban in April.