US EditionTrump administration backs off Nvidia's H20 chip crackdown after Mar-a-Lago dinner, NPR reports
- Nvidia CEO Jensen Huang reportedly reached a deal with the Trump administration to avoid export restrictions on the company's H20 AI chips.
- The deal, proposed during a dinner at Trump's Mar-a-Lago resort, involved Nvidia committing to increasing its U.S. Investments in AI data centers.
- The H20 chips were reportedly spared restrictions because they were used by China-based DeepSeek to train its R1 open AI model.
21 Articles
21 Articles
Singapore Man Accused of Chip Fraud Wields Global Connections
The Chinese-born entrepreneur at the center of a Singapore server-computer fraud case helps to run more than a dozen companies with ties to tech leaders including AI-chip provider Nvidia Corp., serving clients in the island state and markets such as Malaysia.
Jensen Huang Turned The Tide With Mar-A-Lago Dinner? Trump Administration Reportedly Backs Down On H20 Chip China Export Restrictions - Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)
Nvidia's stock has dropped 17.34% year-to-date, but the company has seen a reversal of planned export restrictions on its H20 AI chips to China after CEO Jensen Huang met with former President Trump at Mar-a-Lago.
Trump administration backs off Nvidia's H20 chip crackdown after Mar-a-Lago dinner, NPR reports
The Trump administration has reversed course on plans to restrict exports of Nvidia's H20 artificial intelligence chips to China after CEO Jensen Huang attended a Mar-a-Lago dinner last week, NPR reported on Wednesday.
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