China, NVIDIA and H20
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In a letter Monday to Department of Commerce Secretary Howard Lutnick, 20 policymakers and professionals with a background in national security policy urged Trump to reverse course and block exports of Nvidia's H20 chips to China.
President Trump has admitted he threatened to break up Nvidia, despite not knowing who Jensen Huang was and having never heard of the company before.
President Donald Trump said he considered attempting to break up Nvidia Corp. to increase competition in artificial intelligence chips before finding out “it’s not easy in that business.”
The US President Donald Trump recently revealed that he had once considered breaking up AI chip giant Nvidia to boost competition in the tech industry. However, he gave up on the idea after realising just how dominant and complex the company really is.
Nvidia CEO Jensen Huang declared that President Donald Trump gives America a 'unique advantage' in the race to develop AI.
In a recent episode of the AI Investor Podcast (embedded above), host Austin Smith and technology analyst Eric Bleeker discussed the implications of the Big Beautiful Bill on the tech industry, particularly regarding artificial intelligence and domestic manufacturing.
Nvidia CEO Jensen Huang noted the connection between energy policy and AI leadership, saying Trump's pro-energy stance as essential for America's artificial intelligence future.
On Monday, Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
A California-based company that designs chips used in artificial intelligence reached a big milestone before well-known tech giants like Apple or Microsoft.