Firms in China rush to buy Nvidia chips as sales set to resumes

Nvidia chief executive Jensen Huang (Sarah Meyssonnier/Pool via AP)

Liam Mo, Anne Marie Roantree and Che Pan

©Reuters

Chinese firms are scrambling to buy Nvidia’s H20 artificial intelligence chips, after the company said it planned to resume sales there following a meeting between its CEO and US president Donald Trump.

Nvidia’s AI chips have been a key focus of US export controls, designed to keep the most advanced chips out of Chinese hands over national security concerns.

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