Nvidia’s H20 AI chips may be spared from export controls — for now

Nvidia CEO Jensen Huang appears to have struck a deal with the Trump administration to avoid export restrictions on the company’s H20 AI chips. The H20, the most advanced Nvidia-produced AI chip that can still be exported from the U.S. to China, was reportedly spared thanks to a promise from Huang to invest in new AI data centers in the U.S. According to NPR, Huang made the proposal during a dinner at Trump’s Mar-a-Lago resort sometime last week. Nvidia declined to comment. Many in the semiconductor industry feared H20s, which are modified to have lower performance than other Nvidia chips, were headed for restrictions because they were reportedly one of the chips China-based DeepSeek used to train its R1 open AI model. Released in January, R1 made headlines for its strong performance relative to models from U.S.-based AI labs, including OpenAI. Senators from both sides of the aisle have called for restrictions on the H20. Even the Trump administration was said to have been preparin ... Read full article.