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Nvidia to resume sales of highly desired AI computer chips to China
National

Nvidia to resume sales of highly desired AI computer chips to China

  • By ELAINE KURTENBACH and WYATTE GRANTHAM-PHILIPS AP Business Writers

Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used for artificial intelligence to China. The company shared the news in a blog post late Monday and Huang also spoke about it on China's state-run CGTN television network. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia said the tighter export controls would cost it an extra $5.5 billion. Huang and other technology leaders have been lobbying President Donald Trump to reverse the restrictions, arguing they hinder U.S. competition in a leading edge sector in a major technology market.

How Nvidia became an AI giant
Business

How Nvidia became an AI giant

  • Sarah Parvini AP Technology writer

Tech giant Nvidia is now worth over $3.2 trillion, with its dominance as a chipmaker making it the poster child of the artificial intelligence boom. After the stock's swift rise on Wall Street it briefly topped Microsoft as the most valuable company in the S&P 500 this week. And it's an unlikely piece of technology — graphics chips initially invented to create more realistic video games — that has propelled the company to AI fame.