Nvidia will resume sales of its H20 graphics processing units (GPU) to China and has introduced a new model that complies with regulatory requirements for the Chinese market, the company said on Monday.
Nvidia stock jumped 3.6% in overnight trading. Other chip stocks also rose with SOXL; AMD up over 2%; SMCI, Broadcom up over 1%.
From the company: "This month, NVIDIA founder and CEO Jensen Huang promoted AI in both Washington, D.C. and Beijing — emphasizing the benefits that AI will bring to business and society worldwide.
In the U.S. capital, Huang met with President Trump and U.S. policymakers, reaffirming NVIDIA’s support for the Administration’s effort to create jobs, strengthen domestic AI infrastructure and onshore manufacturing, and ensure that America leads in AI worldwide.
In Beijing, Huang met with government and industry officials to discuss how AI will raise productivity and expand opportunity. The discussions underscored how researchers worldwide can advance safe and secure AI for the benefit of all.
Huang also provided an update to customers, noting that NVIDIA is filing applications to sell the NVIDIA H20 GPU again. The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon. Finally, Huang announced a new, fully compliant NVIDIA RTX PRO GPU that “is ideal for digital twin AI for smart factories and logistics.”
As Huang noted during his visits, the world has reached an inflection point — AI has become a fundamental resource, like energy, water and the internet. Jensen emphasized NVIDIA’s commitment to support open-source research, foundation models and applications, which democratize AI and will empower emerging economies in every region, including Latin America, Europe, Asia and beyond.
“General-purpose, open-source research and foundation models are the backbone of AI innovation,” Huang explained to reporters in D.C. “We believe that every civil model should run best on the U.S. technology stack, encouraging nations worldwide to choose America.”