“President Trump said he would let Nvidia export its H200 chip to China and that the U.S. would receive a 25% cut, his latest bid to make money for the government in an unusual agreement with a private company,” the Wall Street Journal reports.
“The move is a boon for Nvidia, which has fought for months to maintain access to the world’s second-largest economy. The company had agreed earlier this year to give the U.S. 15% of the China sales from a lower-performing chip, only for the Chinese to scuttle those plans as part of continuing trade talks between the two sides.”
New York Times: “The administration had spent months wrestling with whether it was comfortable relaxing its policy on sales of a critical A.I. technology that has the potential to help China militarily and economically.”
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