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  • 4 months ago
Nvidia CFO Colette Kress says the US government has granted licenses to sell its H20 AI chips to China. and thinks the sales could bring in an additional US$5 billion in revenue during the third quarter. Beijing, however, has urged its tech sector to stay away from Nvidia and Western companies.
Transcript
00:00The U.S. government has approved licenses to American chip manufacturing giant NVIDIA
00:05to sell its H-20 chips to customers in China, according to its CFO, Colette Kress.
00:11Kress was speaking at a technology conference in San Francisco on Monday.
00:15She said sales of H-20 chips could bring in revenues of up to $5 billion U.S. in this year's third quarter.
00:23The chips were designed to bypass U.S. restrictions on exported tech,
00:27but Kress said tensions between the U.S. and China are still a stumbling block.
00:31Last month, China urged its tech sector not to use chips from NVIDIA and other Western companies, setting security concerns.
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