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of <h1>CEO announces US approval to sell advanced H20 AI chips to China after lobbying efforts</h1> A technology company's CEO announced US approval to sell advanced H20 AI computer chips to China following meetings with the current administration and Chinese officials. The CEO emphasized the importance of American companies competing in China's innovative AI market. The approval reverses previous export restrictions that would have cost the company billions in lost revenue. The decision comes amid ongoing US-China trade tensions and concerns about dual-use technology applications. Industry leaders had lobbied against export controls, arguing restrictions harm US competitiveness and could drive other countries toward Chinese AI technology alternatives.
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