Nvidia (NASDAQ:NVDA) last week ordered 300,000 H20 AI chips from Taiwan Semiconductor Manufacturing (NYSE:TSM) to bolster its supply for China, Reuters sources say. This fresh order adds to an existing stockpile of roughly 600,

Nvidia developed the H20 to compete with Huawei, a chipmaker based in China. The US bars companies from selling US technology to Huawei. That approach appears to have been successful at slowing Huawei’s progress in developing critical technology,

Nvidia said on Thursday its products have no "backdoors" that would allow remote access or control after China raised concerns over potential security risks in the firm's H20 artificial intelligence chip.