Trump says he's open to letting Nvidia sell a downgraded version of its most advanced chip to China

Core Insights - U.S. President Donald Trump is open to allowing Nvidia to sell a downgraded version of its advanced AI chip, the Blackwell system, to China [1][2] - Trump suggested that Nvidia could reduce the performance of the Blackwell processor by 30% to 50% to facilitate a deal [2] - Nvidia CEO Jensen Huang has been lobbying for access to the Chinese market after being effectively shut out [2] Group 1: Nvidia's Market Strategy - Nvidia and AMD have agreed to pay a 15% cut of revenue from chip sales to China in exchange for export licenses, down from an initial request of 20% [3] - The potential approval of downgraded Blackwell chips for export to China could significantly impact Nvidia's future sales [3] - The strategy appears to aim at introducing China to less advanced technology, as noted by industry experts [4]