Chinese firms rush to buy Nvidia AI chips as sales set to resume


FILE PHOTO: A smartphone with a displayed Nvidia logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/File Photo

BEIJING/HONG KONG: Chinese firms are scrambling to buy Nvidia's H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to the mainland days after its CEO met U.S. President Donald Trump.

Nvidia's AI chips have been a key focus of U.S. export controls designed to keep the most advanced chips out of Chinese hands over national security concerns. The U.S.-listed company has said the curbs would cut its revenue by $15 billion.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Nvidia , AI chips , China , US , H20 GPU , ByteDance , Tencent , GPU ,

Next In Business News

George Kent redeems RM132mil sukuk
Aemulus wins RM10.5mil order, marks debut in India
ICT Zone Asia secures RM24.5mil ICT hardware purchase order
FBM KLCI remains steady amid choppy trading
China's yuan edges down as dollar gains; investors watch Iran war talks
MTT Shipping and Logistics targets RM652.5mil IPO to fund fleet expansion
Trump's tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds
Oil prices climb as investors reassess Middle East ceasefire prospects
Lynas to develop rare earths metal production plant in Vietnam
Kenanga sees value in Astro, TA Securities issues sell call

Others Also Read