News Snapshot:
A sign is posted at the Nvidia headquarters on May 25, 2022 in Santa Clara, California.Justin Sullivan | Getty ImagesNvidia on Thursday said the U.S. Government will allow it to continue developing its H100 artificial intelligence chip in China. It's a win for the company after it warned on Wednesday that new export restrictions could hamper its operations in the country.Nvidia said in an SEC filing Wednesday that the U.S. government is restricting sales of high-performance AI chips for servers, the A100 and H100, to China and Russia. Sales of both chips are still restricted in those markets, though it...
