NVIDIA CEO Jen-Hsun Huang has announced that the U.S. government has granted an export license for the H20 chips, allowing NVIDIA to commence shipments to the Chinese market. According to recent reports, Tencent and ByteDance are rumored to be applying to purchase these chips. However, ByteDance has swiftly refuted these claims, stating that no purchase application has been submitted. Tencent, on the other hand, has yet to issue a response.