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NVIDIA says the US has put export restrictions on H20 AI chips

NVIDIA says the US has put export restrictions on H20 AI chips

According to SEC From NVIDIA, the U.S. government now requires companies to obtain licenses to implement H20 integrated circuits and any other products that achieve the same performance benchmark. The document states that “the licensing requirement addresses the risk of covering products used or transferred to Chinese supercomputers in China.” Mainland China is not the only place to be subject to this license; NVIDIA will also require licenses to sell H20 to territory in Hong Kong and Macau and under the name D:5 .

H20 chips are currently the most advanced chips that can be sold to the international market under current laws. They are powerful enough to be used in artificial intelligence applications. NVIDIA hopes to retain these products from Chinese customers, and last week the company appears to have obtained About the new restrictions. However, it appears that the new license requirement is “will be valid for the future.”

NVIDIA said in its SEC filing that it now expects to report costs related to “inventory, purchase commitments and related reserves” related to the H20 quarter to be approximately $5.5 billion.

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