Nvidia CEO praises China’s AI growth as H20 chip sales set to resume

NVIDIA Chief Executive Officer Jensen Huang has lauded China’s rapid progress in artificial intelligence (AI), describing the country as a “large” and “dynamic” market, while confirming the US government has approved the resumption of H20 chip sales to the Chinese market.

“AI is moving very fast in China,” Huang said during a visit to Beijing on Tuesday, noting the country’s thriving AI ecosystem and its strong base of startups and major cloud service providers.

Bernama-Xinhua cited that he emphasised China’s deep talent pool, pointing out: “China is the home of 50 per cent of the world’s AI researchers.”

“AI is being applied to everything from consumer applications, internet shopping, grocery delivery to self-driving cars and all these incredible applications” in China, Huang added. He attributed the progress to China’s strength in science and mathematics education, and said he was “very happy” to witness the sector’s momentum.

Huang is set to attend the opening ceremony of the third China International Supply Chain Expo on Wednesday.

Meanwhile, Nvidia has confirmed it will resume exports of its H20 chip to China after receiving assurances from Washington that export licences would be granted. The H20 is a modified version of the company’s high-performance AI chips, tailored to comply with previous US restrictions on semiconductor exports to China.

“The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,” Bernama-dpa reported the company saying in a statement.

In a blog post on Monday, Huang wrote that Nvidia had submitted new applications to sell the H20 chip in China, following recent meetings with former US President Donald Trump and senior policymakers.

During those talks, Huang reiterated his support for the administration’s goals to create jobs, boost domestic AI infrastructure and manufacturing, and maintain America’s global leadership in artificial intelligence.

The announcement follows a series of tightening US export controls under both the Biden and Trump administrations, citing national security concerns around advanced semiconductor technologies.

Nvidia also revealed plans to launch a new AI chip, the RTX PRO, specifically designed for the Chinese market and engineered to comply with US export regulations. - July 15, 2025