Overview

• Nvidia has received U.S. government assurances to resume filing for and obtain export licenses for its H20 AI accelerator in China.
• CEO Jensen Huang announced on Chinese state television and at a Beijing expo that shipments will ramp up soon under the eased licensing.
• The U.S. decision reverses the April ban that prompted a $4.5 billion inventory writedown and halved Nvidia’s China market share.
• The approval resulted from high-level U.S.-China discussions on rare-earth minerals that traded export relief for strategic resources.
• Nvidia is developing an RTX Pro GPU designed to comply with export limits and expand its China-compliant product lineup.