Nvidia gets green light: US clears chip exports to China; company avoids billion dollars hit after CEO's meeting with Trump

Aug 9, 2025 - 12:30
Nvidia gets green light: US clears chip exports to China; company avoids billion dollars hit after CEO's meeting with Trump

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The US Commerce Department has granted Nvidia licenses to export its H20 chips to China, reversing an earlier ban. This decision follows Nvidia's design of the H20 to comply with US export rules. CEO Jensen Huang's meeting with US President Donald Trump preceded the approval.

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