Nvidia reportedly halts H20 chip production amid China’s security concerns

Nvidia has asked Amkor, Samsung, and Foxconn to halt H20 chip production after China’s security concerns. The Cyberspace Administration of China questioned the chip’s risks, though CEO Jensen Huang denied any “backdoors.” Despite Huang’s lobbying, Beijing is prioritizing domestic chip development amid trade tensions. Nvidia, which recently took a $4.5 billion write-down from export curbs, now faces further uncertainty as analysts see China reinforcing chip self-sufficiency plans.