Trump sparks concern after suggesting he might allow sales of Nvidia’s advanced AI chips in China
Story by Helen Davidson and agencies
Donald Trump has flagged allowing Nvidia to sell chips in China that are more advanced than currently allowed, in another “deal” that would loosen export restrictions despite deep-seated fears in Washington that Beijing could harness US tech to harm national security.
At a briefing on Monday, Trump was questioned over recent revelations that he had struck an unprecedented deal with Nvidia and AMD to grant them export licenses to sell previously banned chips to China, in return for the companies giving the US government 15% of the sales revenue. The US president defended the deal, which ******* ysts have likened to a “shakedown” payment, or unconstitutional export taxes, before adding that he was expecting further negotiations over another, more advanced Nvidia chip.
Trump said Nvidia had a “super-duper advanced” new chip, the Blackwell, with which he would not make a deal, but it was possible he would make a deal with a “somewhat enhanced – in a negative way – Blackwell”, suggesting it could be downgraded by 30-50%.
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“I think he’s coming to see me again about that, but that will be an un-enhanced version of the big one,” he added, in reference to Nvidia’s chief executive, Jensen Huang, who has repeatedly met Trump about China export restrictions.
Story by Helen Davidson and agencies
Donald Trump has flagged allowing Nvidia to sell chips in China that are more advanced than currently allowed, in another “deal” that would loosen export restrictions despite deep-seated fears in Washington that Beijing could harness US tech to harm national security.
At a briefing on Monday, Trump was questioned over recent revelations that he had struck an unprecedented deal with Nvidia and AMD to grant them export licenses to sell previously banned chips to China, in return for the companies giving the US government 15% of the sales revenue. The US president defended the deal, which ******* ysts have likened to a “shakedown” payment, or unconstitutional export taxes, before adding that he was expecting further negotiations over another, more advanced Nvidia chip.
Trump said Nvidia had a “super-duper advanced” new chip, the Blackwell, with which he would not make a deal, but it was possible he would make a deal with a “somewhat enhanced – in a negative way – Blackwell”, suggesting it could be downgraded by 30-50%.
Expand article logo Continue reading
“I think he’s coming to see me again about that, but that will be an un-enhanced version of the big one,” he added, in reference to Nvidia’s chief executive, Jensen Huang, who has repeatedly met Trump about China export restrictions.
17 days ago
