"President Donald Trump said Monday that he would allow Nvidia to sell an advanced type of computer chip used in the development of artificial intelligence to "approved customers" in China. There have been concerns about allowing advanced computer chips to be sold to China as it could help the country better compete against the U.S. in building out AI capabilities, but there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia."
"The chip, known as the H200, is not Nvidia's most advanced product. Those chips, called Blackwell and the upcoming Rubin, were not part of what Trump approved. Trump said on social media that he had informed China's leader Xi Jinping about his decision and "President Xi responded positively!" "This policy will support American Jobs, strengthen U.S. Manufacturing, and benefit American Taxpayers," Trump said in his post."
"Nvidia said in a statement that it applauded Trump's decision, saying the choice would support domestic manufacturing and that by allowing the Commerce Department to vet commercial customers it would "strike a thoughtful balance" on economic and national security priorities. Trump said the Commerce Department was "finalizing the details" for other chipmakers such as AMD and Intel to sell their technologies abroad."
President Donald Trump approved sales of Nvidia H200 artificial-intelligence chips to approved customers in China while excluding Nvidia's Blackwell and upcoming Rubin chips. Trump said he informed Chinese leader Xi Jinping, who responded positively, and framed the move as supporting American jobs, strengthening U.S. manufacturing, and benefiting taxpayers. Nvidia applauded the decision, saying domestic manufacturing would be supported and that Commerce Department vetting of commercial customers would strike a balance on economic and national security priorities. Trump said the Commerce Department was finalizing details for AMD and Intel to sell technologies abroad. The announcement lifted Nvidia shares slightly after hours.
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