The chairman of the House Select Committee on China on Friday objected to the resumption of Nvidia H20 AI chip sales to China in a letter to U.S. Commerce Secretary Howard Lutnick. Nvidia said earlier this week it had been assured by the U.

Sources say firms are rushing to buy Nvidia's H20 AI chips, as the company said it planned to resume sales to China.

Nvidia NVDA.O said on Monday it will resume sales of its H20 artificial intelligence chip to China and has introduced a new model tailored to meet regulatory requirements in the Chinese market.