Summary
President Trump has allowed Nvidia to sell its advanced H200 AI chips to certain approved customers in China. This decision reverses an earlier ban and requires Nvidia to pay a percentage of its Chinese sales to the U.S. government. The move comes after Nvidia's efforts to gain support and aims to boost American jobs while maintaining national security.
Key Facts
- President Trump permitted Nvidia to sell H200 AI chips to approved customers in China.
- This reverses a previous ban on selling advanced chips to China.
- Nvidia and other chipmakers must pay a portion of Chinese sales to the U.S. government.
- Nvidia had lobbied extensively in Washington before this decision.
- The decision aims to protect U.S. national security and create American jobs.
- China's military use of advanced AI chips remains a concern.
- Nvidia remains a key player in the global chip market and had previously faced challenges due to U.S.-China tensions.
