Trump greenlights Nvidia AI chip exports to China, touts 25% US share

Core Points - The U.S. will allow Nvidia to export its H200 AI chips to China and other countries, partially reversing previous restrictions [1][2] - Trump claims that the U.S. will receive a 25% share from the H200 chip exports, emphasizing national security monitoring [1][2] - Nvidia welcomes the decision, stating it supports American jobs and manufacturing [5] Group 1: U.S.-China Trade Relations - Trump informed President Xi of the decision to allow Nvidia to ship H200 products to approved customers in China [2] - Nvidia's CEO has long advocated for improved U.S.-China trade relations, highlighting the importance of access to the Chinese market for American competitiveness in AI [11][12] Group 2: Impact on Nvidia and the Chip Industry - The H200 chips are high-performance processors essential for running AI programs, which include chatbots and machine learning tasks [5] - Nvidia criticized the Biden administration's previous export restrictions, stating they forced companies to produce lower-performance chip versions, hindering innovation [8][9] - The Department of Commerce will finalize details of the new export policy, which will also apply to other American companies like AMD and Intel [9]