Nvidia's CEO, Jensen Huang, expects to receive the first batch of US licenses to export H20 AI chips to China soon, allowing the company to resume sales of the sought-after component in the semiconductor market.
While awaiting export permissions from Washington, Nvidia has reassured that orders are in place to fill once the licenses are granted.
The US government plans to green-light export licenses for Nvidia's H20 AI chips, potentially boosting the company's revenue and enabling it to fulfill previously restricted orders.
Nvidia's CEO praised China's contributions to artificial intelligence and highlighted Nvidia's role in powering global AI applications, emphasizing the importance of collaboration in advancing technologies.