On July 15, Nvidia pulled up in the short-term night session and is now up more than 3%.In the news, reports said that Nvidia hopes to be approved again to sell H20 GPUs to China and will launch a new fully compatible GPU for the China market.The U.S. government has guaranteed that the license will be issued and the company expects to begin shipping soon.

Huang Renxun, founder and CEO of Nvidia, said: "The US government has approved our export license and we can start shipping, so we will start selling H20 to the China market.I'm very looking forward to shipping the H20 soon, and I'm very happy about this. This is really, very good news.The second news is that we will also release a new graphics card called RTX Pro.This graphics card is very important because it is specifically designed for computer graphics, digital twins and artificial intelligence.”

In 2022, the United States will ban Nvidia from selling H100 and H200 GPUs to China.

Faced with export controls, Nvidia's response strategies are full of contradictions.The special version of the H20 chip designed specifically for China in 2023 has only one-sixth of the performance of the flagship H100, but it will receive more than US$12 billion in orders in 2024.

However, in April 2025, the United States upgraded its controls and required a license for H20 exports.

H20 is an AI accelerator specially designed for the China market launched to comply with U.S. export restrictions.The H20 is based on the NVIDIA Hopper architecture and has CoWoS advanced packaging technology.The H20 is more suitable for vertical model training and reasoning, and cannot meet the training needs of trillion-level large models. The overall performance is slightly higher than that of 910B.The April 2025 ban forced Nvidia to passively withdraw US$5.5 billion in inventory impairment losses

Huang Renxun immediately took action: in April, he met with the Trump administration to try to relax restrictions, and in May, he launched chip research and development that complied with the new regulations.The market quickly saw results-the Blackwell architecture B30 chip exposed in July was targeted at the mid-end market at a price of US$6,500 - 8,000. In late June alone, hundreds of thousands of orders were received, totaling US$1 billion.

In fiscal year 2025, the China market contributed US$17 billion in revenue, accounting for 13% of its total Nvidia revenue.When Huang Renxun visited China in April, he bluntly said: "Giving up this market will be a huge regret."