Trump Weighing Advanced Nvidia Chip Sales to China, Lutnick Says

President Trump has imposed limited tariffs on foreign semiconductors, allowing him to take a cut of Nvidia's chip sales to China while delaying a decision on higher taxes for the chip industry, which heavily relies on overseas materials.

The U.S. Commerce Department has eased restrictions, allowing Nvidia to sell its H200 AI chips to approved customers in China, following a significant policy shift initiated by the Trump administration that lifted a previous export ban due to national security concerns. This decision marks a pivotal moment for Nvidia as it re-enters a crucial market after extensive lobbying efforts.

The United States has imposed a 25% tariff on imports of certain advanced semiconductors, a move linked to an agreement allowing Nvidia Corp. to export its H200 artificial intelligence processors manufactured in Taiwan to China. This decision was endorsed by President Donald Trump, marking a significant shift in U.S. technology export policy.

China has issued a directive prohibiting the use of cybersecurity products from leading American and Israeli firms, including Palo Alto Networks Inc., Fortinet Inc., and Check Point Software Technologies Ltd. This decision reflects ongoing tensions between China and these countries, particularly in the technology sector.

Florida Governor Ron DeSantis has intensified his campaign against the perceived dangers of artificial intelligence (AI) and data centers, opposing President Donald Trump's efforts to establish a unified regulatory framework that limits state-level interventions in technology. DeSantis's stance highlights concerns over the potential risks associated with AI, emphasizing the need for state-level regulations to address these issues effectively.

Former President Donald Trump has declared a renewed space race with China, emphasizing the urgency of returning astronauts to the Moon. However, critics argue that the U.S. space agency, NASA, is being undermined by budget cuts and policy shifts that could hinder its ability to achieve these ambitious goals.