Nvidia last week ordered an additional 300,000 H20 chips from its manufacturer, Taiwan Semiconductor Manufacturing Company, as surging demand from Chinese tech companies prompted the U.S. firm to reconsider its initial plan to sell only its current stockpile, Reuters reported on Tuesday, citing two sources. Nvidia developed the H20 for the Chinese market in 2023 to comply with U.S. export restrictions. The Trump administration this month allowed Nvidia to resume sales of the H20 to China, reversing a ban that was put in place in April over national security concerns. Nvidia needs export licenses from the U.S. Commerce Department to ship the H20 chips to China. While the company was assured that approval would be granted soon, the department has not yet approved them, according to Reuters. Nvidia initially told some of its Chinese customers that it had only limited stock of the H20 due to supply chain constraints, and was yet to restart production plans, The Information reported earlier this month. CEO Jensen Huang said restarting H20 production could take about nine months. https://www.reuters.com/w.. #🇨🇳 ChinA.I. 🤖🧠🦾🤖