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Nvidia to resume highly desired AI computer chip sales to China

BANGKOK (AP) — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China.

The news came in a company blog post late Monday, which stated that the U.S. government had “assured" Nvidia that licenses would be granted — and that the company “hopes to start deliveries soon.” Shares of the California-based chipmaker were up over 4% by midday Tuesday.

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