00:00NVIDIA CEO Jensen Wang announced, following discussions with the Trump administration,
00:05that the U.S. government will now allow export licenses for the company's H20 AI chips to
00:10China.
00:11Positioned a few tiers below NVIDIA's most advanced processors, these chips are expected
00:16to resume delivery soon, restoring access to a key market after export curbs cost an
00:22estimated $8 billion in lost revenue this quarter.
00:26Certain figures describe the H20 as fourth best, avoiding cutting-edge tech while keeping
00:31Chinese developers tied to the U.S. AI ecosystem.
00:35The move sent NVIDIA's stock up 4 percent, reinforcing its record $4 trillion market cap
00:42and signaling renewed investor and geopolitical confidence as the firm balances U.S. leadership
00:47with global expansion.
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