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Benzinga
Benzinga
Business
Anusuya Lahiri

Why Did USA Allow Nvidia Shipping H20 AI Chips To China

Nvidia China United States NVDA Donald Trump Kevin Hassett
The Nvidia Trade

Nvidia (NASDAQ:NVDA) has filed applications with the U.S. government to resume shipments of its H20 AI chips to China and expects to receive the necessary licenses soon.

Citing Nvidia’s move, Reuters reported on Wednesday that White House National Economic Adviser Kevin Hassett indicated the decision by President Donald Trump and his team to allow the chips to be exported was aimed at preventing China from gaining a technological edge in the race to develop advanced semiconductors.

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