Nvidia and AMD will resume sales of certain AI chips to China after receiving approval from the U.S. government, reversing previous export restrictions aimed at curbing Chinaโs AI capabilities. Nvidiaโs H20 chip and AMDโs MI308 are now eligible for export licenses, potentially restoring billions in lost revenue, according to Bloomberg. The decision comes amid warming U.S.-China trade relations and reflects a broader agreement involving access to rare-earth minerals and tech exports. While Nvidia CEO Jensen Huang has criticized the restrictions as counterproductive, the move signals a pragmatic shift in U.S. policy to balance security concerns with economic interests. They write:
Nvidia Corp.ย andย Advanced Micro Devices Inc.ย plan to resume sales of some AI chips in China after securing Washingtonโs assurances that such shipments would get approved, a dramatic reversal from the Trump administrationโs earlier stance on measures designed to limit Beijingโs AI ambitions.
US government officials told Nvidia they would green-light export licenses for its H20 artificial intelligence accelerator, the company said in a blogย post on Monday โ a move that may add billions to Nvidiaโs revenue this year, restoring its ability to fulfill orders it had written off as lost due to government restrictions. […]
โWhat Iโm saying is thereโs no intentโ to increase Chinaโs access to advanced American semiconductors, Bessent said during congressional testimony in June. โIn fact we have done just the opposite. We put export controls on the Nvidia H20, which I would regard as a very upper end chip, but not the highest end chip.โ
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