Donald Trump has cleared the way for Nvidia to begin selling its powerful AI computer chips to China, marking a win for the chip maker and its CEO Jensen Huang, who has spent months lobbying the White House to open up sales in the country.
Axar.az, citing The Guardian, reports that before Monday’s announcement, the US had prohibited sales of Nvidia’s most advanced chips to China over national security concerns.
“I have informed President Xi, of China, that the United States will allow NVIDIA to ship its H200 products to approved customers in China, and other Countries, under conditions that allow for continued strong National Security,” Trump posted to Truth Social on Monday.
“President Xi responded positively!” Trump said the Department of Commerce is finalising the details and that he was planning to make the same offer to other chip companies, including Advanced Micro Devices (AMD) and Intel.
Nvidia’s H200 chips are the company’s second-most powerful, and far more advanced than the H20, which was originally designed as a lower-powered model for the Chinese market, which wouldn’t breach restrictions.
The president said the US would receive 25% of the proceeds, more than the 15% previously agreed to with Nvidia in an earlier deal to lift restrictions.