After Huang Renshare, executive chief of artificial intelligence (AI) chips, met with US President Trump several days ago, NVIDIA said it plans to resume sales of H20 AI chips to China. Reuters quoted two sources as saying that Chinese companies are competing to place an order to purchase the chip.

According to Reuters, NVIDIA (NVIDIA) issued a statement saying that it is submitting an application for the U.S. government to resume sales of H20 picture processors (GPUs) and it is expected that the permission will be obtained soon. Inspired by this news, NVIDIA once lost 4.2% in the U.S. stock market on the 15th.

Huang Renyi, who was visiting in Beijing, announced on the 15th: "The US government has approved our export permission and we can start shipping, so we will start selling H20 to the Chinese market. I am very excited about it. This is really good news."

NVIDIAAI chips have always been the focus of US export control. The United States adopts regulatory measures for national security considerations, so that these first-income chips will not fall into China's hands. NVIDIA noted that these controls could result in the company's revenue reduction of US$15 billion (about NT$441 billion).

Sources revealed that Chinese companies are competing to place orders to purchase these chips, and NVIDIA will later need to deliver these orders to the US government for review. They added that China's giant word jump and telegram are making related applications. One of the sources pointed out that the focus of the entire process is that NVIDIA orders an approved list that allows Chinese companies interested in purchasing to register.

The word jump and the message did not respond to Reuters' request for comment; NVIDIA politely declined to comment on the approved list system.

Extended reading: Trump is right! NVIDIA will resume sales of H20 for China, launching new special edition RTX PRO