Nvidia H20 chip sales to China will only resume after China starts exporting rare earths (magnets) to the US, said US Commerce Sec. Lutnick on Bloomberg TV (8:40 mark). “We’re trying to make sure that magnets are being delivered to our producers, which was the deal, and these (H20s) have export controls on them, and they’ll come off as the Chinese deliver their magnets...” The president decided that if China is behaving well, H20 exports will be allowed, he said. $NVIDIA(NVDA.US) #H20 #China #semiconductors #semiconductor
Source: Dan Nystedt
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