Mercer International Stock Surges 45% on C$20 Million Canada Funding 
OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing 
Nvidia Options Price in $280 Billion Earnings Swing 
New Zealand Labour Backs Social Media Ban for Under-16s 
Trian Drops Wendy’s Take-Private Bid Plans, Shares Plunge 14% 
Amazon Secures 200 MW Wind Power Deals in Sweden 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
Itochu Offers $1.56 Billion to Privatize Dentsu Soken 
Countries Tighten Social Media Bans for Children 
Street Poller Media and The Boom of the Street Interview Ad Industry 
SK Hynix Shares Fall as Workers Reject Wage Deal 
New Zealand Moves to Ban Social Media for Children Under 16 
BNP Paribas, KB Kookmin Eye $2 Billion Techcombank Stake 
Trump Administration Plans New Drug Pricing Deals With Biotech Firms 
HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook 
Add as a preferred source on Google
Nvidia (NASDAQ: NVDA) has reportedly ordered 300,000 H20 AI chipsets from Taiwan Semiconductor Manufacturing Company (TSMC) following a surge in Chinese demand, according to multiple sources. This comes after the Trump administration lifted a sales ban earlier this month, allowing Nvidia to resume shipments of its H20 GPUs to China.
The H20, developed in response to 2023 U.S. export restrictions, is a scaled-down version of Nvidia’s advanced H100 and Blackwell GPUs but remains critical for China’s AI sector. Sources indicated Nvidia already holds 600,000–700,000 units in inventory and sold about 1 million H20 chips in 2024, per SemiAnalysis data.
CEO Jensen Huang, during a recent trip to Beijing, noted that future production would hinge on order volume and warned any supply chain restart could take nine months. Despite this new order, the U.S. Department of Commerce has not yet approved the export licenses required for shipping the chips, though Nvidia expects clearance soon.
Chinese tech giants like Tencent, ByteDance, and Alibaba previously stockpiled H20 chips to support AI models such as DeepSeek. Nvidia’s push to maintain a foothold in China comes amid fierce competition from Huawei and ongoing U.S.-China trade tensions, particularly over rare earth elements.
The April sales ban forced Nvidia to consider writing off $5.5 billion in inventory and forgo potential sales worth $15 billion. Restoring H20 shipments is seen as vital for keeping Chinese developers tied to Nvidia’s ecosystem and preventing market share erosion to domestic rivals.
Nvidia and TSMC declined to comment on the order, while U.S. authorities have yet to respond regarding export approvals.
