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International Business Times UK
International Business Times UK
Technology
Vinay Patel

Howard Lutnick's Political Ties May Have Swayed Nvidia's AI Chip Sales to China — Report Claims

A report suggests Howard Lutnick's political ties might have steered Nvidia's AI chip sales to China. Following eased US-China tensions, Nvidia restarted H20 chip shipments, recouping from a $4.5 billion writedown. (Credit: Pexels)

A backroom political deal may have just unlocked billions in frozen AI chip sales to China, with whispers linking Howard Lutnick's Washington connections to Nvidia's sudden pathway back into the world's second-largest economy.

The semiconductor giant's chief executive, Jensen Huang, announced from Beijing on Wednesday that his company stands ready to 'accelerate the recovery' of China sales, marking a dramatic reversal in the tech cold war that has defined recent US-China relations.

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