Trump announces NVIDIA chip deal with China
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Trump said Chinese President Xi Jinping "responded positively" to the proposal to let Nvidia sell H200 AI chips on condition that the U.S. gets 25% of revenue.
President Trump will allow technology giant Nvidia to sell its second-best artificial intelligence chips to China. The move reverses years of policy restrictions and could help push China farther along in the AI race.
President Donald Trump said the United States would permit NVIDIA to ship its H200 AI chips to approved customers in China, effectively ending an export ban.
BEIJING, Dec 9 (Reuters) - U.S. President Donald Trump said the United States would allow Nvidia's H200 processors to be exported to China, though it remains unclear whether Beijing will give the green light to Chinese companies to purchase them.
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Nvidia had been at the centre of a geopolitical tug-of-war between the US and China in recent months.
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Nvidia and Broadcom are set to battle it out for AI chip supremacy in 2026.
President Donald Trump announced Monday he will allow Nvidia to sell some Artificial Intelligence chips to China, if the United States gets a 25% cut.