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President Trump has announced that he will allow Nvidia to sell its advanced H200 computer chips to approved customers in China, while maintaining a 25% cut on sales for the U.S. This decision comes as the Commerce Department finalizes the deal, marking a significant relaxation of the strict restrictions imposed during the Biden administration.
Additionally, two businessmen have been detained by the Department of Justice for allegedly smuggling Nvidia's H100 and H200 chips to China, highlighting ongoing tensions surrounding semiconductor exports amid national security concerns.