Overview

• Nvidia has filed for U.S. export licenses to ship its H20 GPU to Chinese customers after receiving assurances the approvals will be granted.
• The company expects to begin deliveries of the H20 model within weeks to support China’s growing AI research and development.
• CEO Jensen Huang attended the opening ceremony of China’s International Supply Chain Expo in Beijing and praised China’s rapid advancements in AI technology.
• Nvidia is discussing plans to establish a research and development center in Shanghai to strengthen its local operations.
• U.S. regulations continue to bar exports of Nvidia’s top-tier AI chips over national security concerns, limiting the scope of its China offerings.