Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of the Siliconware Precision Industries Co. (SPIL) Tan Ke in Taichung, Taiwan, Thursday, January 16, 2025.
A Rong XU | Bloomberg | Getty images
One day after Nvidia revealed that he would hear $ 5.5 billion in orders for orders canceled for the H20 chip, which, according to the government, said that this week demanded an export license to China, the company said that it respects the rules on the place where it could sell its artificial intelligence processors.
“The US government is educating American companies on what they can sell and where – we follow government instructions to the letter,” a representative of Nvidia said in a statement.
Nvidia said the declaration was in answer to a limited committee of the chamber focused on the national security threats of China, which opened an investigation into NVIDIA sales on Wednesday. The H20 was introduced by NVIDIA after the Biden administration has restricted exports of AI fleas in 2022. This is an idle version intended to comply with American export controls.
Nvidia’s brief comment is an indication of how the company will defend its activities in Washington, DC, because its technology attracts an increased examination of national defense and security. The company’s share price fell by almost 7% on Wednesday.
Nvidia chips have the vast majority of the AI applications market, and some were used by Deepseek from China to build R1, which upset the markets in January.
On Wednesday, the flea manufacturer praised the taxes it paid, its workforce based in the United States and its role as leader in technology.
The company’s exports even helps the United States to resolve its trade deficit, according to the press release, addressing the reason declared by President Trump to present prices earlier this month.
“NVIDIA protects and improves national security by creating American jobs and infrastructure, promoting American technological leadership, bringing billions of dollars in US Treasury tax revenue and attenuating the massive trade deficit of the United States,” the statement.
A challenge for NVIDIA is that the H20 was legal for export to China until last week, under the previous administration of Biden. But the restricted committee of the Chamber said on Wednesday that the sale of H20 fleas for the past year was indeed one “loophole. “”
“The technological industry supports America when it exports to well -known businesses around the world – if the government felt the opposite, it would instruct us,” Nvidia said in its press release.
The Government is also investigating the question of whether the expeditions of limited fleas to China have passed through Singapore, the second Nvidia market by invoicing a speech with a little less than $ 24 billion in sales during the previous financial year, according to documents.
NVIDIA said Wednesday that its Singapore revenues indicate sales with an invoicing address in the country, often for the subsidiaries of American customers.
“The associated products are shipped to other places, including the United States and Taiwan, not in China,” said Nvidia.
In addition to Chinese export controls and the congress survey, Nvidia also faces additional restrictions on what it can export from next month, under “Diffusion rules AI“For the first time proposed by the Biden administration.
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