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NVIDIA to resume chips sales to China

NVIDIA on Monday announced it can start selling AI chips to China again. Why it matters: The company was staring down export restrictions on a massive market. What they're saying: "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," a company blog post states about the move to greenlight the sale of the H20 graphics processing units,Catch up fast: NVIDIA founder and CEO Jensen Huang has been in D.C. this month meeting with President Trump, administration officials and lawmakers emphasizing the benefits of AI.

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