Summary
President Trump announced that the U.S. will allow Nvidia to sell its H200 chips to China, with a 25% share of sales going to the U.S. government. This decision, meant to advance the U.S. position in AI technology, includes conditions to maintain national security.
Key Facts
- The U.S. will let Nvidia export H200 chips to China, with a 25% cut of sales given to the U.S. government.
- President Trump stated this approach will also include companies like AMD and Intel.
- This move is similar to an earlier deal where Nvidia and AMD paid 15% of sales to the U.S. for licenses to sell less-advanced chips.
- There are concerns about these chips potentially aiding China's military goals.
- The ban still applies to Nvidia's current Blackwell chips, set to be upgraded in 2026.
- Nvidia expressed support for the decision, highlighting its potential to boost U.S. manufacturing jobs.
- Sales to China will undergo checks by the Department of Commerce to ensure they meet security conditions.
