Washington, DC – US President Donald Trump announced that Nvidia will be allowed to sell advanced computer chips to China, provided the US receives a share of the revenue from those sales. This represents a major victory for the company and its CEO, Jensen Huang.
Trump stated that the decision was a “very positive step” for both Nvidia and the U.S. economy. He added that allowing the sale was part of an agreement ensuring that a portion of the profits from advanced chips would flow back to the United States.
This announcement comes at a time of heightened tensions between Washington and Beijing, stemming from previous US restrictions on the export of advanced technologies deemed to be of national security concern. This move is seen as a significant shift in US export policy in the semiconductor sector.
The US government had previously imposed a ban on the sale of advanced chips to China. The concern was that they would be used in military applications or in developing artificial intelligence capabilities. But with Trump’s recent decision, exports are resuming, with Washington guaranteed a share of the profits from these deals.
Analysts believe this agreement could restore Nvidia to its position at the forefront of global chip manufacturers. It will allow the company to resume collaborations with major Chinese companies with whom it had previously ceased working. Simultaneously, the decision could present an opportunity for American investors to reap additional profits, given the government’s share of the sales revenue.
Despite the criticism this move may face domestically in the United States due to security concerns, others see it as a shift towards a balance between economic interests and trade policy determination.
