China, NVIDIA and Howard Lutnick
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Commerce Secretary Howard Lutnick explained the Trump administration's turnabout in assuring Nvidia that it [can sell its H20 artificial-intelligence chip](
U.S. Commerce Secretary said Nvidia's plans to start selling its H20 chips are tied to ongoing trade discussions with China regarding REEs.
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Cryptopolitan on MSNIs Trump reshaping U.S.-China tech ties to strike a trade deal?Biden saw export controls as a “strategic asset” to keep the U.S. ahead of China in tech, but Trump is now scrapping that policy, signaling a major shift in
Separately, stock in Dutch chip company ASML was falling sharply Wednesday after the company cut its outlook, blaming trade wars and tariffs for lower demand.
Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.