NVIDIA CEO makes third visit to China this year as H20 AI chip sales resume

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On Tuesday, NVIDIA announced a sales resumption of its H20 AI chip customized for the Chinese market, alongside the launch of a new RTX Pro GPU designed for smart factories and logistics applications. The next day, NVIDIA CEO Jensen Huang delivered a speech at the third China International Supply Chain Expo in Beijing. Export of NVIDIA’s H20 AI chip to China was banned by the US government in April, making the recent approval to resume H20 sales a significant policy shift expected to help NVIDIA regain momentum in China’s AI infrastructure market. Details: Huang spoke to the Supply China Expo in a traditional Chinese Tang suit and began his speech in Chinese. Context: In late 2023, NVIDIA developed the H20 AI chip specifically for the Chinese market after the US government tightened export restrictions on high-performance GPUs such as the A100 and H100.