This week, Nvidia informed its Chinese customers that the availability of H20 chips is constrained due to new U.S. regulatory hurdles.
Export Limitations on H20
Nvidia plans to resume H20 exports to China pending U.S. license approvals. Sources indicate that an export ban imposed in April forced the company to cancel orders and give up reserved production slots at TSMC. CEO Jensen Huang explained that TSMC reallocated assembly lines to other products, and restoring these lines may take up to nine months. He added that once granted, export licenses for Chinese orders would be processed quickly.
Huang's Meetings in China
During his third trip to China, Huang met with ministers and officials, including Commerce Minister Wang Wentao. The discussions focused on the supply of high-quality chips to China. Huang praised AI models developed by companies such as Deepseek, Alibaba, and Tencent as 'world-class', emphasizing the revolutionizing impact of AI.
Sale of Nvidia Shares
This week, Jensen Huang sold approximately $50 million worth of Nvidia stock. On Friday, he sold 75,000 shares valued at about $12.94 million, and earlier in the week, he divested 225,000 shares for about $37 million under a plan permitting the sale of up to 6 million shares. The spike in demand for AI and GPUs has propelled Huang's wealth and pushed Nvidia's market capitalization above $4 trillion.
The situation surrounding H20 chips and recent meetings of Nvidia executives in China highlights the growing interest in AI and advanced technologies. At the same time, regulatory questions and export licenses continue to pose significant barriers to further cooperation.
