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Trump Administration Pauses Nvidia H20 Chip Export Restrictions to China

The decision follows Nvidia's pledge to invest in U.S. AI data centers and a high-profile Mar-a-Lago dinner attended by CEO Jensen Huang.

  • The Trump administration has halted plans to restrict Nvidia's H20 AI chip exports to China, which were expected to be implemented soon.
  • Nvidia CEO Jensen Huang attended a $1 million-per-plate dinner at Mar-a-Lago last week, reportedly influencing the policy reversal.
  • Nvidia committed to increasing investments in U.S.-based AI data centers as part of the discussions with the administration.
  • Chinese companies preemptively purchased $16 billion worth of H20 chips earlier this year, anticipating potential export restrictions.
  • The H20 chip is Nvidia's most advanced AI product legally exportable to China, tailored to comply with existing U.S. export controls.
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