US President Donald Trump has effectively ended his administration's effort to restrict the sale of advanced US-made computer chips to China. Nvidia will now be allowed to sell its H200 chips to Chinese companies, including tech giants like Huawei. Trump described this decision as a victory over a failed policy implemented by the Biden administration that he claims "slowed innovation and hurt American workers."
Trump's move marks a significant shift in his administration's stance on technology and trade with China. The decision is seen as a major defeat for China hawks within his own party, who had pushed to block China's access to these advanced chips. The policy restrictions were part of the Biden administration's broader strategy to maintain US technological superiority over its rival.
Trump's decision has been hailed by Nvidia, which had been fighting against the export restrictions imposed by the Biden administration. The company, along with other US tech firms, argued that restricting chip exports would stifle innovation and harm American workers.
The move is also seen as a victory for Trump himself, who had developed close ties with Nvidia CEO Jensen Huang during his presidency. It's unclear whether this decision reflects Trump's genuine interest in maintaining US technological superiority over China or simply a desire to secure business deals.
The implications of this decision are far-reaching and could have significant consequences for the global tech industry. Some analysts warn that China may limit domestic access to H200 chips as part of its own strategy to encourage its companies to develop products that compete with US-made components.
Overall, Trump's decision marks a shift in his administration's approach to technology and trade with China, one that prioritizes cooperation over competition.
Trump's move marks a significant shift in his administration's stance on technology and trade with China. The decision is seen as a major defeat for China hawks within his own party, who had pushed to block China's access to these advanced chips. The policy restrictions were part of the Biden administration's broader strategy to maintain US technological superiority over its rival.
Trump's decision has been hailed by Nvidia, which had been fighting against the export restrictions imposed by the Biden administration. The company, along with other US tech firms, argued that restricting chip exports would stifle innovation and harm American workers.
The move is also seen as a victory for Trump himself, who had developed close ties with Nvidia CEO Jensen Huang during his presidency. It's unclear whether this decision reflects Trump's genuine interest in maintaining US technological superiority over China or simply a desire to secure business deals.
The implications of this decision are far-reaching and could have significant consequences for the global tech industry. Some analysts warn that China may limit domestic access to H200 chips as part of its own strategy to encourage its companies to develop products that compete with US-made components.
Overall, Trump's decision marks a shift in his administration's approach to technology and trade with China, one that prioritizes cooperation over competition.