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Benzinga
  • 6 minutes ago
Trump said the U.S. will allow Nvidia to sell its H200 AI chips to China with the government taking a 25% share of sales, easing export limits on older-generation processors.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Trump said Wednesday that his administration will approve sales of
00:06NVIDIA's H200 artificial intelligence chip to China, with the U.S. government taking 25%
00:12of the dollar value of those sales. According to CNBC, Trump said the H200 has been surpassed
00:18by NVIDIA's newer Blackwell and Rubin chips and is not the company's highest performing product.
00:24The Commerce Department said exporters must certify sufficient U.S. supply
00:28and ensure H200 production does not limit advanced chip capacity,
00:32while shipments to China are capped at 50% of U.S. volumes.
00:36NVIDIA said allowing H200 sales to approved customers supports U.S. jobs, manufacturing,
00:42and competition while preventing foreign rivals from gaining an advantage.
00:46For all things money, visit Benzinga.com.
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