Commerce department finalizing deal to allow H200 chips to be sold to China as strict Biden-era restrictions relaxed ...
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Nvidia (NVDA), AMD (AMD) and Intel (INTC) shares rose in extended trading after President Trump said he had approved the sale of Nvidia's H200 GPUs to China. Read for more.
China hawks fear the chip sales will enable intellectual property theft and strengthen China's national security.
The models are akin to studying together to ace a test instead of relying on individual knowledge ...
The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working -- or will soon.
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Trump gives green light to Nvidia to ship powerful AI chips to China despite national security fears
Allowing the shipments could signal a friendlier approach to China, after Trump and Xi brokered a truce in the two countries' trade and tech war in late October.
Trump said on social media that he had informed China's leader Xi Jinping about his decision and "President Xi responded positively!"
Nvidia had been at the centre of a geopolitical tug-of-war between the US and China in recent months.
President Trump announced $12 billion in aid for farmers impacted by the trade war with China. NBC News' Garrett Haake reports.