Trump's China AI Chip Deal Sparks Market Volatility
TL;DR Summary
U.S. President Trump has indicated a potential policy shift that could allow Nvidia to sell advanced AI chips to China for a fee, potentially easing restrictions on technology exports to China.
- Trump opens door to Nvidia selling advanced AI chips to China for a fee Financial Times
- Nvidia and AMD to pay 15% of China chip sale revenues to US government Financial Times
- Trump says he asked for 20% cut from Nvidia, calls H20 an 'obsolete' chip CNBC
- U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China The New York Times
- Wall St mixed, chip majors wobble after China sales deal Reuters
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