Nvidia CEO Jensen Huang said his company will resume selling its H20 AI chips in China after receiving assurances from the U.S. government© by Ken Cedeno/UPI.

The constructive tone from the Stockholm talks suggests both the U.S. and China want to avoid an abrupt escalation, raising the odds of at least a temporary extension to the 90-day tariff truce and ...

As mentioned above, H20 sales in Q1 would have been $7.1 billion if the export restrictions weren't in place. That would have accounted for about 15% of Nvidia's total sales, so the return of H20 ...

Chinese tech firms have spent years "trade war-proofing" their operations. Trump’s H20 chip ban could accelerate their push to AI hardware and software self-sufficiency.

Nvidia also said Wednesday that the H20 licensing requirements will result in an $8 billion hit to the company’s revenue in Q2, which is predicted to be around $45 billion — a significant toll.