07:18 AM EDT, 07/16/2025 (MT Newswires) -- Nvidia ( NVDA ) plans to increase the supply of its H20 chip in the coming months as the company is set to resume sales in China, Reuters reported Wednesday, citing Nvidia ( NVDA ) Chief Executive Jensen Huang.
Reuters said Chinese companies' H20 chip orders need to be approved by the US government and according to the report, Huang said many order books are already in.
In an earlier statement, Huang said the US government has assured that Nvidia's ( NVDA ) licenses to sell to China will be granted.
Nvidia ( NVDA ) did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)