Overview

• The US government has assured Nvidia that export licenses for its H20 AI GPUs to China will be granted and deliveries will restart soon.
• CEO Jensen Huang met privately with President Trump in Washington on July 11, shortly before the policy reversal.
• Nvidia’s shares jumped about 4% on the news, pushing its market valuation briefly past $4 trillion.
• The company is developing an RTX Pro GPU designed to comply with US export regulations for the Chinese market.
• Analysts estimate that reopening China sales could add between $15 billion and $20 billion to Nvidia’s revenue this year.