'Makes no sense.' Trump reversal on Nvidia chips to China contradicts WH policy

Buckle up. It is time for money power politics. On Monday, President Trump announced that he would allow Nvidia to sell its powerful H200 chips to China with the US pocketing 25% of the revenue.That announcement rolls back years of policies that were specifically designed to block Chinese access to advanced chips, something even his own justice department has warned about. Just hours before his announcement, the DOJ revealed they shut down a major chip smuggling ring that was linked to China. And the chips ...