NVIDIA To Resume H20 AI Chip Sales To China
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Nvidia CEO Jensen Huang met with Chinas Commerce Minister Wang Wentao in Beijing on Thursday, as part of his third visit to China in 2025. Wang confirmed the meeting during a press conference on Friday,
At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.
One analyst boosted his price target on Nvidia’s stock to a level that would imply a $5.7 trillion market cap, with the chip maker seemingly cleared to sell its H20 chip in China again.