Trump reverses plan to dam export of Nvidia’s H20 chips to China after CEO attends Mar-a-Lago dinner – Firstpost

The Trump administration has modified its resolution to dam the export of Nvidia’s H20 AI chips to China, NPR reported on Wednesday. The reversal got here after Nvidia CEO Jensen Huang attended a dinner at Mar-a-Lago final week.

In accordance with NPR, the US had been planning the export restrictions for months. The H20 chip is probably the most superior AI processor that may legally be offered in China below present US guidelines, and the restrictions have been set to take impact as early as this week.

In accordance with NPR, the Trump administration modified its plans after Nvidia promised to put money into new AI knowledge centres within the US.

Neither the White Home nor Nvidia responded to Reuters’ requests for remark.

Again in January, Reuters reported that the Trump administration was contemplating stricter limits on Nvidia’s H20 chip gross sales to China. The concept of limiting these chips had already been below evaluate throughout former President Joe Biden’s administration.

In February, Reuters reported a spike in H20 chip orders, pushed by sturdy demand for reasonably priced AI fashions from Chinese language startup DeepSeek.

Chinese language tech giants like ByteDance, Alibaba, and Tencent have reportedly positioned over $16 billion value of orders for Nvidia’s H20 server chips within the first three months of this 12 months, based on a report by The Info final week.

In late January, US lawmakers John Moolenaar (Republican) and Raja Krishnamoorthi (Democrat) referred to as for tighter restrictions on the export of Nvidia’s AI chips.

With inputs from Reuters.