A couple of days ago, Trump told CBS News that China will not be allowed to have the most advanced chips Nvidia makes, but that they can otherwise deal with each other and sort out their own matters. Today, U.S. Secretary of the Treasury Scott Bessent corroborated that statement, proposing how "there may be a case down the road" when Beijing can eventually get their hands on Blackwell GPUs.
Speaking to CNBC, Bessent said, "If we think about the Blackwell now, they’re the crown jewel... Given the incredible innovation that goes on at Nvidia, where the Blackwell chips may be two, three, four down their chip stack in terms of efficacy, and at that point they could be sold on." This position aligns with the current landscape in the region where Hopper-based H20 GPUs are still the best Nvidia has to offer — so, when Blackwell becomes a generation or two old, it might trickle down as well.
