Back in April, the U.S. government banned Nvidia’s H20 AI exports to China. As of July 15, the government has reversed its decision. The company is now legally allowed to file for export licenses.

Industry demands are changing and only about 30 per cent of the country’s intelligent computing capacity is being used.

DeepSeek’s models, Alibaba’s Qwen and Chinese start-up Moonshot’s Kimi are ‘the best open reasoning models in the world today ...

Nvidia CEO Jensen Huang attends the Third China International Supply Chain Expo held in Beijing, on July 17, 2025. [Photo/VCG ...

The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, ...