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Benzinga
Benzinga
Business
Ananya Gairola

Nvidia's $8 Billion Loss May Be Averted As US Approves H20 Chip Exports To China Amid Trad Tensions: Report

Nvidia,Corporation,Logo,Displayed,On,Smartphone,With,Stock,Market,Chart

Nvidia Corporation's (NASDAQ:NVDA) plans to ship its H20 artificial intelligence chips to China have received a significant boost, as the U.S. Commerce Department has reportedly granted the company licenses to resume exports, potentially preventing an $8 billion loss.

Nvidia Wins Key Export Licenses For H20 Chips To China

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