NVIDIA To Resume H20 AI Chip Sales To China
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Why Nvidia (NVDA) Stock Is Trading Up TodayShares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 4.2% in the afternoon session after the company confirmed it will resume sales of its H20 AI chips to China after receiving assurances from the U.
Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
Nvidia's shares have climbed back to all-time highs as investors regain optimism in its AI infrastructure business. Generative AI will change the world. With shares up more than 50% since the start of April,
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