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Commerce Secretary Howard Lutnick on allowing Nvidia chip sales to China
CNBC Television· 2025-07-15 21:00
I'm looking at Nvidia getting a deal to be allowed to sell certain chips and do more business into China that's coming from this administration. Is that a change of heart. Well, it's funny because the Biden administration allowed China to buy these chips last year.So then we held it up and then in the magnets deal with the Chinese, we told them that we would start to resell them. So remember these are an older chip. Biden had had them available and we rethought it.But now that Nvidia came out with their new ...
David Sacks on Nvidia Chips to China, US Tech Stack
Bloomberg Technology· 2025-07-15 17:03
The focus is on video and AMD's ability to now sell in a limited way chips back into the Chinese market. Just your reaction generally to that. Well, we still have a policy of not selling our state of the art advanced semiconductors to China.And the H-20 is not that. It's a heavily deprecated chip, and that's why the Biden administration allowed the sale of the H-20 to China. And this is a continuation of that policy in the larger rubric of the trade negotiations that Secretary Bessant was talking to you abo ...