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Nvidia has not yet sold its H200 AI chips to China, Lutnick says [Yahoo! Finance Canada]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Secretary Howard Lutnick said ?on Wednesday, citing difficulties faced by those firms to get permission from the ?Chinese government. The Trump administration in January gave a formal green light to China-bound sales of Nvidia's H200 chips with ?some conditions, igniting deep concerns among China hawks in Washington who fear Beijing will harness the technology to supercharge its military. But shipments of the chips have been stymied by disagreements over the terms of the sales both in China and the U.S., sources have said. "The Chinese ?central government has not let them, ?as of yet, buy the chips, because they're trying to keep their investment focused on their own domestic industry," Lutnick said, when asked ?about H200 sales to China at a Senate hearing. "We have not sold them chips as of yet," he added. Nvidia did not immediately respond to a request for comment. The continued delay of the ?chip sales ?would be welcomed by China hardliners in the ?U.S., who reject Tru
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