Overview

• Nvidia has submitted formal applications to the US Commerce Department to ship its advanced H20 GPUs to Chinese customers for the first time since new regulations were eased.
• The Commerce Department replaced planned export bans with advisory recommendations in mid-May, opening the door for high-end AI chip shipments to resume.
• Jensen Huang is scheduled to open the third China International Supply Chain Expo in Beijing following an invitation from the China Council for the Promotion of International Trade.
• Strict controls under President Biden had throttled Nvidia’s Chinese sales and allowed domestic rivals like Huawei to gain ground in the AI chip market.
• Nvidia is also weighing the launch of a Shanghai research and development center to deepen its local footprint and support future AI hardware collaboration.