Summary
President Donald Trump announced that the U.S. will allow NVIDIA to export its H200 artificial intelligence chips to China. This decision reverses a previous restriction and is seen as an effort to ease trade tensions between the two countries.
Key Facts
- President Trump announced the decision to export NVIDIA's H200 AI chips to China.
- The H200 chip is more advanced than the H20 chip, which was already cleared for export to China in August.
- President Trump communicated this change to Chinese President Xi Jinping.
- A portion of the sales, specifically 25%, will be paid to the U.S. government.
- The decision is intended to boost U.S. manufacturing and benefit American taxpayers.
- The move is part of efforts to reduce trade tensions with China.
