Nvidia Clears Major Hurdle in China with Conditional Export Approval

In a significant policy shift, Nvidia has received authorization to resume exports of its advanced H200 processors to the Chinese market. The decision, announced directly by former President Donald Trump via his Truth Social platform on Tuesday evening, ends a near-total blockade on such high-end chip sales that has been in place since 2023. However, this commercial breakthrough comes with a substantial financial condition for the semiconductor giant.

The U.S. government has mandated that Nvidia surrender 25 percent of the revenue generated from these sales to China. According to Trump’s statement, Chinese President Xi Jinping was informed of the move and responded positively. The export license is initially restricted Read more...