Donald Trump calls Nvidia’s H20 chips obsolete as he allows Nvidia to sell AI chips to China; says he told CEO Jensen Huang: Listen, I want 20% if …
US President Donald Trump on Monday, August 11, suggested that he might allow Nvidia to sell a scaled-down version of its next-generation advanced GPU chip in China, despite deep-seated fears in Washington that China could harness American artificial intelligence capabilities to supercharge its military. According to a report by Reuters, “Trump also confirmed and defended an agreement calling for the U.S. AI chip giant Nvidia, led by Jensen Huang, and Advanced Micro Devices to give the U.S. government 15% of revenue from sales of some advanced computer chips in China, after his administration greenlit exports to China of less advanced AI chips known as the
Trump confirmed an agreement requiring Nvidia, led by CEO Jensen Huang, to pay the U.S. government 15% of revenue from certain advanced chip sales in China, following the administration’s approval last month to export less advanced H20 AI chips to the region.
