Trade dispute
Nvidia boss: allowed to deliver AI chips to China again
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Nvidia boss Jensen Huang announces that he can deliver his H20 chips back to China. The US government had promised to give the green light. What is behind the U -turn.
After months of export restrictions, the US tech giant Nvidia is allowed to sell its AI chips designed for China again in the People’s Republic. “I announce that the US government has given us permits to apply for licenses for the delivery of H20,” said Nvidia boss Jensen Huang to Chinese journalists. So Nvidia will start selling H20 chips on the Chinese market again, he said.
The decision follows an agreement in the ongoing trade dispute between China and the USA to reduce mutual restrictions. The exact content of the agreement is still unknown. Washington wanted the Chinese to loosen their export controls on rare earths that are important for industry. Beijing demanded that the United States to export important technology that depends on China.
Huang had previously talked to President Donald Trump in the US capital Washington about artificial intelligence, as Nvidia said. In Beijing, Huang has now met representatives of the government and industry on the same topic, it said.
Trump had occupied the arithmetic H20 chips with export restrictions since April. Already under its predecessor Joe Biden, the USA created hurdles for the sale of the most modern high -performance chips to China. Nvidia could therefore only deliver a slower version with the H20.
Before Trump’s restrictions, Nvidia H20 chips sold to China worth $ 4.5 billion. Nvidia emphasizes that it is technically impossible to continue to slim down the current chips in order to meet the export requirements. The bidet government had also justified its procedure with the concern that China’s military could gain access to efficient chips through Nvidia’s high-tech products.
dpa
Source: Stern