Khaberni -Jensen Huang, CEO of Nvidia, said during an event in Beijing that the company will increase the supply of H20 chips that comply with Chinese standards in the coming months and is looking forward to supplying the world’s second-largest technology market with more advanced semiconductors.
Huang's remarks came after the company, which currently holds the highest market value in the world, announced its intention to resume sales of the H20 artificial intelligence chip to China, a move U.S. Commerce Secretary Howard Lutnick said was part of negotiations regarding rare earth metals.
Huang said, "H20 was exempted from the ban. The memory bandwidth is very good, and it will be excellent for large language models and other new models."
He added, "I hope that we can supply China with more advanced chips. H20 is still very good today, but in the coming years, we will sell everything that we are allowed to sell to China."
The company will resume exporting this type of chips to China after the lifting of export restrictions imposed by the United States in April, which were due to national security concerns.
Huang mentioned that the leading position enjoyed by the giant American company might decline without sales to China, as companies like Huawei Technologies aim to attract developers to buy chips manufactured in China.
Huang told the media on the sidelines of a supply chain exhibition in Beijing that permits for Chinese orders will be quickly approved, noting that there are already many orders.
Nvidia must first obtain approval from the U.S. government for orders submitted by Chinese companies for H20 chips before proceeding.
Sources reported that the internet giants ByteDance and Tencent are about to submit orders. ByteDance denied its intention to submit orders, while Tencent did not respond to a request for comment.
