Nvidia's resumption of AI chips to China is part of rare earths talks, says US
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WASHINGTON: Nvidia's planned resumption of sales of its H20 AI chips to China is part of US negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday (Jul 15), and comes days after its CEO met President Donald Trump.
"We put that in the trade deal with the magnets," Lutnick told Reuters, referring to an agreement Trump made to restart rare earth shipments to US manufacturers. He did not provide additional details.
Nvidia said late on Monday that it is filing applications with the US government to resume sales to China of its H20 graphics processing unit, and has been assured by the US it will get the licences soon.
Source: CNA
