Trump opens door to Nvidia selling advanced AI chips to China for a fee
US president confirms he negotiated ‘a little deal’ with chipmaker’s chief Jensen Huang
US president confirms he negotiated ‘a little deal’ with chipmaker’s chief Jensen Huang

Jensen Huang personally lobbied president after he reversed course on sale of H20 chips

President says other chipmakers can also resume exports and ‘25% will be paid’ to the US

Also in today’s newsletter, US president deploys National Guard to Washington, and CATL suspends Chinese lithium mine

Nvidia chief scores huge victory with the decision to allow AI chip exports to China

Roaring black market for US semiconductors operates despite efforts to curb Beijing’s high-tech ambitions

Chief executive Jensen Huang says company received flood of orders and American licences over past two weeks