Nvidia shares slipped 1.1% in early trading as Wall Street digested the latest blow to its China business, which pulled in $17 billion last year.

Jensen Huang said he was “surprised” by questions about his company’s chips, given China’s eagerness to acquire them for advanced A.I systems.

Good morning, tech fam; here are some quick tech updates for you to catch up on! What’s New Today: Nvidia confirms that H20 AI chip shipments to China are safe

Nvidia has reportedly suspended production of its China-focused H20 AI chip as Beijing pushes domestic alternatives and analysts warn the uncertainty could hit its Q3 outlook.

Nvidia wasn't the only one impacted. AMD, Nvidia's closest competition for graphic processors used to train and operate AI chatbots and agents, was forced to stop selling its Instinct MI308 AI chip in China, costing it $800 million in Q2.

Samsung reportedly offered NVIDIA its 12-layer HBM3E memory at 20-30% cheaper than SK hynix for use on its made-for-China H20 AI GPU.

This is after the US announced that it would allow the sale of more advanced technology to China, so long as the US gets a 15% cut of the proceeds.

Nvidia is developing a China-specific AI accelerator, tentatively called the B30A, that Reuters reported would sit between the H20, currently permitted for sale in China, and the flagship B300 in capa