Nvidia, the world’s largest company for stock market capitalization, sales of its artificial intelligence chip (AI) H20 to China. In addition, it has presented a new model adapted to the regulatory requirements of the Asian giant.
The announcement has had a reflection in the financial markets, and Nasdaq’s futures again. Nvidia, despite giving 0.52% at the close of Monday’s session, up to $ 164.07, marked during the day a new historical maximum, 165.49 dollars, which consolidate their market value above the four billion dollars, Cota never reached by another company and that Nvidia exceeded last week. Since the beginning of the year, its titles are revalued more than 20%, and leave behind the impact caused by the. In markets out of time, Nvidia shares are rising more than 4.6%, exceeding $ 171.6.
The American company said that requests to the US government are submitting to resume sales to China of the aforementioned graphic processing unit H20, adding that it hopes to obtain licenses soon. “Deliveries are expected to begin shortly after,”. His CEO, Jensen Huang, is re -traveling in China for the second time since April, which proves the importance of this market for the company.
The decision to resume sales of the H20 Chips is produced in a geostrategic scenario of distension between Washington and Beijing, with China flexible flexible controls on exports of rare earth and the United States authorizing the resumption of chips design software services in China. In this sense, the H20 Chip was specifically developed for the Chinese market after the imposition of US export restrictions for national security reasons at the end of the year 2023.
The prohibition of H20 forced NVIDIA to count a reduction of the value of its assets of 5.5 billion dollars in inventories. According to Huang, the company also had to give up 15,000 million dollars in sales. The AI chip was the most powerful available product in China until it was prohibited by Washington.
In addition, Nvidia’s chips have been a key focus of US exports controls, whose objective has been to maintain the most advanced technological teams, given the intense competition between the two superpowers for dominating the AI race.
Among the new changes, Nvidia has announced the development of a new IA chip specifically designed for China, the RTX Pro GPU. According to the company, it is a “fully compatible” model with US export controls, and suitable for applications of digital twins in sectors such as intelligent and logistics factories.
Relations between the US and China
The technological giant has highlighted the relations of his CEO, both with the authorities of China and the US Ia.
In turn, in Beijing, Huang met with government and industry officials to discuss how AI will increase productivity and expand opportunities. According to the company, in the conversations he talked about how researchers around the world can promote a “safe and protected for the benefit of all.”
In addition, the manager has recalled Nvidia’s commitment to support open source research, basic models and applications, which democratize AI and can empower emerging economies in all regions, including Latin America, Europe, Asia and beyond.
“The open -purpose open source research and basic models are the backbone of innovation in AI,” said Huang, who added that his company believes that every civil model should work better with US technology, which encourages nations around the world to choose the United States. “
