✅ Yes, the content about the US approving Nvidia chip exports to China is true and authentic, as reported by multiple credible sources.

These include:

1. https://www.benzinga.com/markets/tech/25/08/47017849/nvidias-8-billion-loss-may-be-averted-as-us-approves-h20-chip-exports-to-china-amid-trad-tensions-report - (Trust Score 7/10)

This article details that the U.S. Commerce Department has granted Nvidia licenses to resume exporting its H20 AI chips to China, potentially avoiding an $8 billion loss caused by previously imposed export restrictions.

2. https://blog.tmcnet.com/blog/rich-tehrani/ai/u-s-grants-nvidia-licenses-to-resume-h20-chip-exports-to-china.html - (Trust Score 5/10)

This blog reports the U.S. granting export licenses allowing Nvidia to ship H20 AI chips to China, ending recent uncertainties on this matter.

3. https://timesofindia.indiatimes.com/business/international-business/nvidia-gets-green-light-us-clears-chip-exports-to-china-eases-billion-dollars-hit-after-ceos-meeting-with-trump/articleshow/123200512.cms - (Trust Score 8/10)

Times of India confirms that US authorities cleared Nvidia's chip exports to China, which helped the company avoid significant financial impact after CEO discussions with US officials.

Overall, these reports confirm that the US has indeed approved Nvidia's chip exports to China, marking a reversal of previous export bans and mitigating substantial losses for Nvidia.