Overview

• Nvidia applied for U.S. export licenses to restart sales of its China-compliant H20 GPU after a spring ban forced a $4.5 billion write-off.
• Jensen Huang secured assurances from President Trump’s administration on fast-track approvals, signaling a reversal in U.S. export restrictions.
• The H20 GPU, specifically engineered to comply with U.S. guidelines, will reenter the Chinese market pending formal license approvals.
• The company plans to unveil its fully compliant RTX PRO chip at the China International Supply Chain Expo in Beijing this week.
• Chinese firms including DeepSeek, Alibaba and Tencent have begun submitting orders, underscoring China’s reliance on Nvidia hardware for AI development.