Trump administration backs off Nvidia's H20 chip crackdown after Mar-a-Lago dinner, NPR reports
- Nvidia CEO Jensen Huang reportedly reached a deal with the Trump administration to avoid export restrictions on the company's H20 AI chips.
- The deal, proposed during a dinner at Trump's Mar-a-Lago resort, involved Nvidia committing to increasing its U.S. Investments in AI data centers.
- The H20 chips were reportedly spared restrictions because they were used by China-based DeepSeek to train its R1 open AI model.
22 Articles
22 Articles
Singapore Man Accused of Chip Fraud Wields Global Connections
The Chinese-born entrepreneur at the center of a Singapore server-computer fraud case helps to run more than a dozen companies with ties to tech leaders including AI-chip provider Nvidia Corp., serving clients in the island state and markets such as Malaysia.
US tightens screws on Nvidia's H20 chip exports to China
US President Donald Trump's administration is considering tightening restrictions on artificial intelligence leader Nvidia's sales of its H20 chips designed for the China market, three people familiar with the matter said. Conversations to restrict shipments of those chips to China are in very early...
Jensen Huang Turned The Tide With Mar-A-Lago Dinner? Trump Administration Reportedly Backs Down On H20 Chip China Export Restrictions - Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)
Nvidia's stock has dropped 17.34% year-to-date, but the company has seen a reversal of planned export restrictions on its H20 AI chips to China after CEO Jensen Huang met with former President Trump at Mar-a-Lago.
Trump administration backs off Nvidia's H20 chip crackdown after Mar-a-Lago dinner, NPR reports
The Trump administration has reversed course on plans to restrict exports of Nvidia's H20 artificial intelligence chips to China after CEO Jensen Huang attended a Mar-a-Lago dinner last week, NPR reported on Wednesday.
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