Nvidia’s H20 AI Chips: The Power Play Between US and China

News Snapshot:

Nvidia is preparing to resume sales of its H20 AI chips to China, a strategic decision embedded in U.S.-China trade negotiations concerning rare earth materials. The move came after Nvidia's CEO's engagement with US officials, including President Donald Trump, to discuss trade and technology relations. U.S. Commerce Secretary Howard Lutnick confirmed that Nvidia expects to receive licenses soon, reversing earlier export restrictions. The decision is drawing criticism from U.S. legislators, with concerns over national security and the potential technological advantage it might give to China's AI sector. Nvidia's plan has triggered a rush among Chinese companies to acquire these chips,...