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Trump to allow certain Nvidia chip sales to China for 25% U.S. cut

Donald Trump Nvidia China Jensen Huang United States AMD

The Trump administration plans to lift a blockade on exports of Nvidia's H200 chips to China — and the U.S. government will get a 25% cut from future sales, the president said Monday.

Why it matters: Nvidia CEO Jensen Huang has been pressing the White House to allow the U.S. to export advanced chips to China, arguing that it'll help the U.S. win the AI race.

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