Nvidia Corp (NVDA) Sets Sights on Chinese Customers After H200 License Approval

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Nvidia (NVDA) has secured Chinese approval to sell its H200 chips in the country, a significant development following US-China tensions. This approval allows Nvidia to resume sales, addressing strong Chinese demand, and marks a crucial step for the company given China previously accounted for a quarter of its revenue. The CEO, Jensen Huang, stated the company is increasing production and is licensed for multiple Chinese customers.

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