Nvidia Boss Expects US to Move Fast on First H20 China Licenses

Nvidia Corp. boss Jensen Huang anticipates getting the first batch of US licenses to export H20 AI chips to China soon, formally allowing the company to resume sales of a much sought-after component to the world’s top semiconductor arena.

While Washington hasn’t yet granted export permissions, officials assured Nvidia they will move rapidly to do so, Huang told reporters in Beijing at a government-backed conference. The billionaire co-founder said his company had plenty of orders on its books to fill and reiterated that Nvidia hoped to ship the H20 — one of a family of chips designed for artificial intelligence development and hosting — as soon as it can.