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flag Nvidia orders 300,000 chips from TSMC to meet Chinese demand, ahead of pending U.S. export approvals.

flag Nvidia has ordered 300,000 H20 chips from TSMC due to high demand from China, despite not yet receiving the required export licenses from the U.S. Commerce Department. flag This move marks a shift from Nvidia's plan to use existing stockpiles of the chips. flag The company had expected the licenses to be approved by mid-July but is now actively ordering more chips to meet demand.

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