Trump gives Nvidia green light to sell advanced AI chips to China
Nvidia - both the world's leading chipmaker and most valuable company - has found itself at the centre of a geopolitical tug-of-war between the US and China in recent months, and had been banned from selling its most advanced chips to Beijing.
The decision will apply to other US chipmakers like AMD and comes after an extensive lobbying effort by Nvidia boss Jensen Huang, who visited Washington last week to drum up support.
"We will protect National Security, create American Jobs, and keep America's lead in AI," Trump said on social media on Monday.
US President Donald Trump has announced that he will allow AI chip maker Nvidia to sell its advanced H200 chips to "approved customers" in China.
Trump reversed the chip-selling ban in July, but demanded that Nvidia pay 15% of its Chinese revenues to the US government.
Beijing then reportedly ordered its tech companies to stop buying Nvidia chips manufactured for use in the Chinese market.
"We applaud President Trump's decision to allow America's chip industry to compete to support high paying jobs and manufacturing in America," Nvidia said in a statement provided to BBC News.
Mr Huang told the BBC in September that the US needed "to make sure that people can access this technology from all over the world, including China."
He has also repeatedly warned that China, which has cultivated a chip production ecosystem of its own, was close behind the US in chip development.
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