Nvidia could pay US a 25pc profit cut to sell H200 AI chips to China

China has added AI chips from domestic companies, including Huawei and Cambricon, to its government-approved supplier list for the first time, coinciding with the Trump administration's decision to allow Nvidia to export its H200 AI chips to China. This marks a significant shift in China's approach to AI technology procurement amid ongoing geopolitical tensions.

President Trump has authorized Nvidia to sell its advanced H200 AI chips to approved customers in China, effectively lifting a previous export ban that was imposed due to national security concerns. This decision marks a significant shift in U.S. technology export policy, reversing decades of restrictions on technology sales to China.

At a recent meeting in the Oval Office, Jensen Huang, CEO of Nvidia, warned President Trump that a surge of state-level AI regulations could jeopardize the United States' position in the global AI race. Huang's concerns highlight the potential for fragmented regulations to hinder innovation and competitiveness in the rapidly evolving AI sector.

Coreweave's CEO defended the company's AI circular deals, describing the current market as experiencing a 'violent change' in demand, particularly with Nvidia as both an investor and supplier. This statement highlights the strategic partnerships that are shaping the AI landscape.

A recent study involving approximately 200 Instacart shoppers across four U.S. cities revealed that they were presented with varying prices for the same 20 grocery items. Instacart has confirmed that it is conducting short-term tests related to pricing strategies, indicating a shift in how prices are determined for consumers.

The Trump administration has approved the sale of Nvidia's H200 artificial intelligence chips to China, marking a significant shift in U.S. policy regarding technology exports. This decision follows extensive negotiations and aims to facilitate the use of these advanced chips by Chinese companies, which have been restricted due to national security concerns.

Intel has signed a term sheet to acquire chip startup SambaNova, marking a significant step in its expansion within the semiconductor industry. This agreement indicates Intel's strategic interest in enhancing its capabilities in AI and advanced computing technologies.

President Trump has granted Nvidia permission to sell its H200 artificial intelligence chips to approved customers in China, lifting a previous export ban due to national security concerns. This decision includes a 25% surcharge on sales, marking a significant policy shift in U.S.-China tech relations.