President Donald Trump said Monday that he authorized Nvidia to sell its powerful H200 artificial-intelligence chip in China in exchange for taking 25 percent of the revenue — a major win for the U.S. chipmaker that caps weeks of internal deliberations.
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Clearing the H200 for sale in China gives Nvidia and its CEO, Jensen Huang, a major boost after Huang visited Capitol Hill and personally met with Trump.
A spokesperson for Nvidia confirmed the deal in a statement, calling it “a thoughtful balance that is great for America.”
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Lawmakers have raised concerns that lifting curbs on the export of the chips will give Beijing a technological edge at U.S. expense.
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The move also provoked unease among Washington technology and defense policy experts, who warned it may jeopardize America’s lead in the emerging area.
Politico
Trump may have been too stupid to understand. Or simply doesn't care. Or more likely, is making some profit for himself off the deal.
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