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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