The Santa Clara, Calif.-based chipmaker will “unswervingly serve the Chinese market” while complying with U.S. export controls, CEO Jensen Huang told the China Council for the Promotion of International Trade, according to state media. (The New York Times)
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The Santa Clara, Calif.-based chipmaker will “unswervingly serve the Chinese market” while complying with U.S. export controls, CEO Jensen Huang told the China Council for the Promotion of International Trade, according to state media. (The New York Times)
Talking point: The Trump administration this month imposed new licensing requirements on Nvidia sales of H20 chips to Chinese buyers, even though the product was designed specifically to comply with earlier rounds of Washington’s restrictions. The chipmaker says the measure will cost it US$5.5 billion in the first quarter. A U.S. congressional committee is now investigating whether Nvidia sold chips to Chinese AI model-maker DeepSeek in violation of U.S. export controls, as Washington considers banning the startup’s services in the U.S. Nvidia’s stock fell as much as 4.25 per cent in Thursday trading.
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