Tech News
LAST UPDATE: July 16, 2025
Nvidia says it will resume sales of ‘H20’ AI chips to China
Nvidia will resume shipments of its H20 AI chips to China after receiving U.S. government assurances that required export licenses will be granted.
Insight
The development signals partial easing of U.S. tech export restrictions, offering relief to AI supply chains and signaling geopolitical calibration.
Citigroup considers issuing its own stablecoin, CEO says
Citigroup CEO Jane Fraser disclosed that the bank is exploring issuing a Citi stablecoin and entering the tokenized deposit space to innovate in digital payments and asset custody.
Insight
This move reflects accelerating interest among traditional banks to stake claims in the blockchain and digital finance ecosystem.