BlockBeats News, December 9th. According to Reuters, Bloomberg, and other media reports, U.S. President Trump announced on December 8th local time on social media that the U.S. government will allow NVIDIA to sell its H200 artificial intelligence chip to China, but will charge a certain fee for each chip. Trump stated that the U.S. will take a 25% cut from the export of these chips.
After the announcement, NVIDIA's stock price rose 1.2% in after-hours trading. Reuters pointed out that this decision signifies a shift in the Trump administration's AI chip policy towards China, as NVIDIA CEO Jensen Huang has been lobbying the U.S. government for months to ease export restrictions.
