Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted
1. Nvidia plans to ship advanced chips to China, boosting sales potential. 2. CEO Huang anticipates meeting AI demands in China, valued at $50 billion. 3. Nvidia’s past restrictions led to a $4.5 billion writedown on H20 inventory. 4. U.S. government may allow Nvidia to sell more advanced chips to China. 5. Nvidia aims to keep Chinese firms reliant on American technology.