Tech Voices: Nvidia’s China shipments, Meta won’t sign EU’s AI code

Seeking Alpha’s roundup of remarks and statements that could impact the technology sector.

• The U.S. House Select Committee on China has expressed concerns about the Trump administration’s decision to allow Nvidia (NASDAQ:NVDA) to resume shipments of its H20 AI chips to China.

“The H20, which is a cost-effective and powerful AI inference chip, far surpasses China’s indigenous capability and would therefore provide a substantial increase to China’s AI development,” the committee’s chairman, John Moolenaar, said in a letter to Commerce Secretary Howard Lutnick, according to Bloomberg. “We must not allow US companies to sell these vital artificial intelligence assets to Chinese entities.”

“Approving the sale of large volumes of H20s could give China the compute power it needs to develop powerful AI models that are open to users free of charge as DeepSeek has done with R1,” Moolenaar continued.

“As China has done in so many other industries, this is a deliberate strategy to capture market share and become the global standard,” he added.

Moolenaar has requested that the Commerce Department meet with his committee by Aug. 8 to discuss the rationale behind the policy shift. The U.S. government has yet to formally approve shipments of the chips, Bloomberg added.

• Meta (NASDAQ:META) said it won’t be signing the European Commission’s Code of Practice for general purpose AI models.

“Europe is heading down the wrong path,” said Meta Chief Global Affairs Officer Joel Kaplan in a post on LinkedIn, adding that the code “introduces a number of legal uncertainties” for developers.

“Businesses and policymakers across Europe have spoken out against this regulation,” Kaplan continued. “We share concerns raised by these businesses that this overreach will throttle the development and deployment of frontier AI models in Europe, and stunt European companies looking to build businesses on top of them.”