Breka Stoll
๐ค SpeakerAppearances Over Time
Podcast Appearances
On Monday, President Trump announced that he had informed President Xi that the United States will now allow Nvidia to ship its H200 chips to approved customers in China under conditions that allow for continued strong national security.
The president said Xi responded positively and that the United States will receive 25% of the chip sales.
The White House did not immediately respond to requests for clarification on whether that 25% will be paid by China or Nvidia.
However, in August, reports surfaced of a separate deal in which Nvidia would share 15% of their profits from chip sales with the US government.
More details are expected to see if Monday's deal follows a similar structure.
President Trump emphasized that Nvidia's most advanced chips, Blackwell and Rubin, would not be included in the H200 export authorization.
No, I don't think it's right.
I don't see how they can do that.
I'll speak about it later.
I'm going to get a full report on it.