According to Bloomberg, US President Trump has approved Nvidia's export of its H200 AI chip to China on the condition that the US government can extract 25% of sales. The move would mark a major lobbying victory for Nvidia and could allow it to recapture its lost multi-billion dollar business in China, a critical global market. Trump announced the decision on his Truth Society, ending weeks of discussions with his advisors about whether to approve the export of H200 chips to China. He added that sales will be limited to “approved customers” and the US government will receive a 25% share. Other chip makers, including Intel and AMD, will also be eligible to obtain a license to sell chips to China.

According to Bloomberg, US President Trump has approved Nvidia's export of its H200 AI chip to China on the condition that the US government can extract 25% of sales. The move would mark a major lobbying victory for Nvidia and could allow it to recapture its lost multi-billion dollar business in China, a critical global market. Trump announced the decision on his Truth Society, ending weeks of discussions with his advisors about whether to approve the export of H200 chips to China. He added that sales will be limited to “approved customers” and the US government will receive a 25% share. Other chip makers, including Intel and AMD, will also be eligible to obtain a license to sell chips to China.