Summary
President Donald Trump has permitted Nvidia to sell its powerful H200 chips to China, relaxing previous export limits. This deal includes provisions for national security and requires Nvidia to give 25% of sales to the U.S. government. The decision marks a shift from the previous administration's policy of restricting advanced chip sales to China.
Key Facts
- President Trump allowed Nvidia to sell H200 chips to China.
- China will purchase the chips under a condition that 25% of sales go to the U.S. government.
- Exports will be to "approved customers" with national security safeguards.
- Nvidia's stock rose over 2% after the announcement.
- This decision reverses former President Biden's restrictions on chip exports.
- The H200 is much more powerful than Nvidia's previous H20 chip.
- There is an existing agreement for Nvidia to pay 15% of H20 sales to the U.S.
- The move reflects a shift towards competing for market influence in tech with China.
