News Summary

• N Nvidia is filing applications to restart sales of its H20 artificial intelligence chips to China.
• The company expects to receive U.S. government licenses soon and begin deliveries shortly after.
• The H20 is the most powerful chip the company can legally sell to China under existing export controls.
• It’s specifically designed for “inference” tasks — running existing AI models for day-to-day applications — rather than training new AI systems from scratch.
• Chinese tech giants including ByteDance, Alibaba, and Tencent had been aggressively stockpiling these chips in the first three months of this year.