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Chinese Firms Rush For Nvidia Chips As US Prepares To Lift Ban
An anonymous reader quotes a report from Ars Technica: Chinese firms have begun rushing to order Nvidia's H20 AI chips as the company plans to resume sales to mainland China, Reuters reports. The chip giant expects to receive US government licenses soon so that it can restart shipments of the restri...
[...] The H20 chips represent Nvidia's most capable AI processors legally available in China, though they contain less computing power than versions sold elsewhere due to export restrictions imposed in 2022. Despite these limitations, Chinese tech giants, including ByteDance and Tencent, are reportedly scrambling to place orders for the lesser chip through what sources describe as an approved list managed by Nvidia. The resumption of H20 sales marks a shift in US-China technology relations after the chips were effectively banned in April with an onerous export license requirement, forcing Nvidia to take a $4.5 billion write-off for excess inventory and purchase obligations.
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