fromAxios
2 days agoTrump to allow certain Nvidia chip sales to China for 25% U.S. cut
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.
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