Trump Allows Sale Of Powerful Nvidia Chip Shipments To China Despite Security Concerns
HuffPost
The U.S. government will allow Nvidia to export its H200 artificial intelligence chips to China, Trump said.
WASHINGTON, Dec 8 (Reuters) - The U.S. government will allow Nvidia to export its H200 artificial intelligence chips to China, collecting a fee for each chip, U.S. President Donald Trump said on Monday. Nvidia shares rose 1.2% in after-hours trading after Trump made the announcement on Truth Social, having closed 3.16% higher after Semafor first reported the possibility of approval.
Trump said that he had informed President Xi Jinping of China, where Nvidia’s chips are under government scrutiny, about the move and he “responded positively,” according to Trump’s post. Trump said the U.S. Commerce Department was finalizing details of the arrangement and the same approach would apply to other AI chip firms such as Advanced Micro Devices and Intel .
“We will protect National Security, create American Jobs, and keep America’s lead in AI,” Trump wrote on Truth Social. “NVIDIA’s U.S. Customers are already moving forward with their incredible, highly advanced Blackwell chips, and soon, Rubin, neither of which are part of this deal.” Allowing the shipments could signal a friendlier approach to China, after Trump and Xi brokered a truce in the two countries’ trade and tech war in Busan, South Korea in late October.
Administration officials consider the move a compromise between sending Nvidia’s latest Blackwell chips to China, which Trump has declined to allow, and sending China no U.S. chips at all, which officials believe would bolster Huawei’s efforts to sell AI chips in China, the person familiar with the matter said. Nvidia and the U.S. Commerce Department did not immediately respond to requests for comment.
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