Nvidia has received permission from the US government to resume sales of its GPUs to Chinese customers, after being previously prohibited due to export bans. These bans, aimed at limiting China's military and surveillance capabilities, had cost Nvidia about $10 billion in sales. CEO Jensen Huang criticized US trade policies for hindering innovation and global collaboration. Nvidia plans to file applications to sell its H20 GPU again and has announced a new RTX PRO GPU designed for AI applications in smart factories and logistics, which is expected to feature advanced specifications.
Nvidia announced the US government will permit the sale of its GPUs to Chinese customers, reversing previous export bans that cost Nvidia around $10 billion in sales.
CEO Jensen Huang criticized US trade policies, arguing that China can benefit from technology innovations and that the US gains if global AI researchers use Nvidia's technology.
Nvidia is filing applications to resell the H20 GPU, having received assurances from the U.S. government that licenses will be granted for sales in China.
The new NVIDIA RTX PRO GPU, described as ideal for digital twin AI applications, is expected to feature advanced specifications, including high petaFLOPs performance.
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