July 15 - NVIDIA's (NVDA, Financial) stock jumped about 5% in early Tuesday trading after the company said it plans to resume shipments of its H20 GPUs to Chinese customers.
Sales of the AI‑optimized H20 chips were halted in April after U.S. export restrictions tightened, even though the processors were designed to comply with licensing rules. NVIDIA stated that the U.S. government has now assured it that export licenses will be granted, paving the way for deliveries to restart soon.
The move follows a preliminary trade agreement last month in which China agreed to resume rare earth exports and the U.S. hinted at rolling back certain technology barriers. Market watchers view the resumption as a test of how swiftly diplomatic shifts can translate into commercial activity.
NVIDIA CEO Jensen Huang has publicly criticized the chip curbs, saying they undermined U.S. competitiveness and slashed his company's China market share. In parallel, Huang unveiled the RTX PRO, a new, export‑compliant accelerator aimed at smart factories and logistics.
He also met with senior U.S. officials to advocate for onshoring semiconductor production and with Chinese regulators to discuss safe AI collaboration. Investors will monitor how quickly NVIDIA can rebuild its presence in China's critical AI market.
