"Driving the news: Trump said on Truth Social that he'll allow Nvidia to sell H200 chips - the generation of chips before its current, more-advanced Blackwell lineup - to China, with the U.S. government pocketing a quarter of the revenue. He said he would apply "the same approach to AMD, Intel, and other GREAT American Companies." State of play: It's not dissimilar to a deal from earlier this year in which Nvidia and AMD agreed to give the U.S. 15% of the sales of its less-advanced H20 chip to China in exchange for export licenses."
"What they're saying: "We applaud President Trump's decision to allow America's chip industry to compete to support high paying jobs and manufacturing in America," Nvidia said in a statement. "Offering H200 to approved commercial customers, vetted by the Department of Commerce, strikes a thoughtful balance that is great for America.""
"Trump said Monday that the sales will be subject to "conditions that allow for continued strong National Security." The blockade remains in place for Nvidia's current generation of Blackwell chips, which will be replaced in the second half of 2026 by even more advanced Rubin chips. Huang said recently he was unsure if China would want the older chips."
President Trump announced that Nvidia may sell H200 chips to approved customers in China while the U.S. government would receive 25% of the revenue. The approach would extend to AMD, Intel, and other companies. The arrangement resembles an earlier deal requiring Nvidia and AMD to give 15% of H20 chip sales to the U.S. in return for export licenses. The current generation Blackwell chips remain blocked from export, with Rubin chips expected in the second half of 2026. American defense hawks warn that China could use Nvidia chips to advance military capabilities. Nvidia welcomed vetting by the Department of Commerce.
Read at Axios
Unable to calculate read time
Collection
[
|
...
]