Trump says he’ll allow Nvidia to sell advanced chips to ‘approved customers’ in China
PositiveFinancial Markets

- Former President Donald Trump announced via social media that he has informed Chinese President Xi Jinping about his decision to allow Nvidia to sell advanced AI chips to approved customers in China, receiving a positive response from Xi. This marks a significant shift in U.S. export policy regarding technology sales to China.
- This decision is crucial for Nvidia as it opens up the Chinese market, which has been restricted due to previous U.S. regulations that barred AI chip exports, potentially alleviating financial losses and enhancing Nvidia's competitive position in the global market.
- The approval comes amidst ongoing debates over national security and technology transfer concerns, as U.S. lawmakers have expressed apprehensions about advanced technology sales to China. This decision reflects the complexities of U.S.-China relations, balancing economic interests with security considerations.
— via World Pulse Now AI Editorial System







