NVIDIA to Resume H20 GPU Sales in China with U.S. Government Support

Following U.S. approval, NVIDIA's stock rises as the company prepares to resume H20 chip sales in China and launch the RTX Pro graphics card.

Summary

NVIDIA's stock rose by 4.2% in pre-market trading after the U.S. granted approval for the export of H20 chips to China. CEO Jensen Huang confirmed that shipments will resume, coinciding with the upcoming launch of the RTX Pro graphics card, targeting AI and digital twin applications.

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