"I have informed President Xi, of China, that the United States will allow NVIDIA to ship its H200 products to approved customers in China, and other Countries, under conditions that allow for continued strong National Security, the president wrote on Truth Social, before stating the U.S. would receive a $25% cut, which presumably means 25%. President Xi responded positively! $25% will be paid to the United States of America. This policy will support American Jobs, strengthen U.S. Manufacturing, and benefit American Taxpayers."
"We will protect National Security, create American Jobs, and keep America's lead in AI, he continued. NVIDIA's U.S. Customers are already moving forward with their incredible, highly advanced Blackwell chips, and soon, Rubin, neither of which are part of this deal. My Administration will always put America FIRST. The Department of Commerce is finalizing the details, and the same approach will apply to AMD, Intel, and other GREAT American Companies. MAKE AMERICA GREAT AGAIN!"
President Donald Trump announced removal of export controls to allow NVIDIA to ship H200 AI chips to approved customers in China and other countries under conditions meant to preserve national security. The announcement includes a requirement that China pay the United States 25%. Trump said the policy will support American jobs, strengthen U.S. manufacturing, and benefit taxpayers, and said U.S. customers are advancing Blackwell and Rubin chips that are not part of the deal. The Department of Commerce is finalizing implementation details and Trump said similar terms will apply to AMD, Intel, and other companies. An analyst warned the arrangement endangers national security.
Read at www.mediaite.com
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