Donald Trump has said he would consider letting Nvidia sell a more advanced AI chip to China, after he “negotiated a little deal” to give Washington a share of the chipmaker’s Chinese revenues.
The unprecedented agreement that Trump struck with Nvidia’s chief executive Jensen Huang, first revealed by the Financial Times, involved the US taking 15 per cent of Chinese sales of its H20 processor. The H20 is based on Nvidia’s older Hopper architecture but Trump yesterday said he planned to discuss a new deal with Huang to let Nvidia sell chips to China based on its latest Blackwell platform, which US officials had deemed too powerful to sell to Beijing.
A deal could unlock billions of dollars in sales for Nvidia after years of lobbying for access to the Chinese market despite US national security concerns.
