Nvidia's H20 chips pose security concerns for China, a social media account affiliated with China's state media said on Sunday, after Beijing raised concerns over backdoor access in those chips. The H20 chips are also not technologically advanced or environmentally friendly,

The Financial Times reports that Washington has begun issuing Nvidia with licenses to sell its H20 chips to China. It removes a big roadblock to the company's access to a major market.

A US official said that the Bureau of Industry and Security —the division of the Commerce Department responsible for export controls—had started approving licenses for the H20 chip. Nvidia developed this chip specifically for the Chinese market after the Biden administration imposed restrictions on exporting more advanced AI chips.

The U.S. commerce department has started to issue licenses to chip giant Nvidia (NASDAQ:NVDA) allowing it to export its H20 graphic processing units to China, the Financial Times reported on Friday, citing a U.

The U.S. Commerce Department has started issuing licenses to semiconductor company Nvidia ($NVDA) to export its H20 chips to China. The news was

The U.S. Department of Commerce has started issuing licenses to Nvidia to export its H20 chips to China, a U.S. official told Reuters on Friday, removing a significant hurdle to the AI bellwether's access to a key market.

Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile.

It is unclear how many licences may have been issued, which firms Nvidia was permitted to ship to, and the value of the shipments allowed.