
"President Donald Trump granted Nvidia Corp. permission to ship its H200 artificial intelligence chip to China in exchange for a 25% surcharge, a move that lets the world's most valuable company potentially regain billions of dollars in lost business from a key global market. The decision was announced by Trump in a post on his Truth Social network, capping weeks of deliberations with advisers about whether to allow H200 exports to China."
"Trump said he informed Chinese President Xi Jinping about the move and that Xi had responded favorably. He added that shipments would only go to approved customers, and that chipmakers such as Intel Corp. and Advanced Micro Devices Inc. would also be eligible. The move represents a victory for Nvidia in its push to get Trump and Congress to relax export controls that have kept the company from selling its AI chips to the world's largest semiconductor arena."
President Donald Trump granted Nvidia permission to ship its H200 artificial intelligence chip to China in exchange for a 25% surcharge, with shipments restricted to approved customers. Intel and Advanced Micro Devices were named as eligible chipmakers. The decision could restore billions in lost sales for Nvidia after export controls limited access to a major market. Nvidia CEO Jensen Huang lobbied for relaxed restrictions and cultivated ties with Trump. Democratic senators warned the move could undermine U.S. economic and national security by aiding Beijing's AI development. The H200 outpaces current Chinese-designed chips while China still lacks sufficient domestic supply and has discouraged Nvidia adoption among state-affiliated entities. The administration framed the policy as protecting national security and supporting American jobs while managing exports.
Read at www.mercurynews.com
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