US Treasury Secretary explains exports of H20 chips to China: China has already developed chips with equivalent performance. We can sell them.

According to a reference news report, on July 15th local time, US Treasury Secretary Bezent discussed on the Bloomberg TV program about Nvidia being allowed to export the H20 chip, saying that China has already developed a chip with similar performance to the H20 chip, so there is no issue with Nvidia selling the H20 chip.