NVIDIA Summary
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President Trump has announced plans to allow Nvidia to sell its advanced H200 computer chips to approved customers in China, marking a significant shift in U.S. export policy. This decision comes as the Commerce Department finalizes details to ease restrictions on such sales, which were tightened under the Biden administration.
In exchange for these sales, Trump stated that the U.S. would receive a 25% cut of the revenue. However, this announcement follows reports of two businessmen being detained for allegedly attempting to smuggle Nvidia's H100 and H200 chips to China, highlighting ongoing tensions surrounding chip exports.
The move to relax restrictions on Nvidia's chips could restore the company's competitive edge in the Chinese AI market, despite ongoing legislative efforts to limit advanced chip access to China. According to Axios, the Senate is currently considering a new bill that would curb access to advanced chips, even as the demand for Nvidia’s technology remains robust in AI training workloads.