China to Nvidia CEO: Sorry Jensen Huang, just lobbying with Donald Trump will not help; there are …

China is advising domestic companies to avoid using Nvidia’s H20 chips. This directive impacts government projects and challenges Nvidia and AMD’s revenue recovery. The move raises concerns about security and promotes China’s self-reliance in chip production. AMD’s MI308 chips are also affected. Beijing questions the choice of US chips over local alternatives. Donald Trump calls the H20 chip obsolete.