Trump Approves Nvidia H200 Chip Sales to Approved Customers in China
President Donald Trump said he will let Nvidia sell its H200 AI chips to approved customers in China. He made the announcement Monday on social media and told China’s Xi Jinping, who responded positively. The move excludes Nvidia’s newer Blackwell and Rubin chips.
AP News and The New York Times reported Trump wrote that the policy supports American jobs, manufacturing, and taxpayers. Nvidia called it a balance between economic needs and national security, with the Commerce Department vetting buyers.
The 25% U.S. Cut
Trump’s post also said 25% of the sales go to the U.S. government. CNBC and Bloomberg noted this applies to sales in China and elsewhere. Earlier deals had Nvidia and AMD sharing 15% of China revenue with the U.S., and Trump announced a 10% stake in Intel.
Other Chipmakers and Market Reaction
The Commerce Department is working out details for AMD, Intel, and others to follow the same rules, per Trump. Nvidia shares rose about 2% after hours, CNN Business and AP News said. Nvidia’s market cap sits at $4.5 trillion.
Context on Chips and Trade
The H200 beats Nvidia’s China-specific H20 chip but trails its top products, Reuters notes. This comes amid U.S.-China trade tensions over semiconductors key to AI. Trump met Nvidia CEO Jensen Huang last week and Xi in late October, discussing chip exports then.
- Chips approved: H200 to vetted commercial customers
- Excluded: Blackwell, Rubin
- Extends to: AMD, Intel soon
- U.S. share: 25% of sales
