China, Trump and NVIDIA
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In a stunning about-face that has left the tech industry reeling, US President Donald Trump has abruptly lifted export restrictions on H20 AI chips to China—effectively erasing months of stringent semiconductor sanctions overnight.
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President Donald Trump said late Tuesday that new tariffs on semiconductors could be coming soon. Wedbush analysts said his stance could soften.
Some U.S. are holding up efforts to finalize a deal that would let the UAE buy billions of dollars of Nvidia’s AI chips due to national-security concerns.