Overview
- President Donald Trump told reporters the Blackwell processor is “10 years ahead” and said the United States would not give the chip to “other people.”
- His comment suggests the administration is unlikely to permit broad overseas sales, including to China, after earlier talk of a scaled‑down version never advanced and was not raised with President Xi Jinping.
- China hawks in Congress reiterated security objections, with House China committee chair John Moolenaar comparing a sale to giving Iran weapons‑grade uranium.
- Nvidia CEO Jensen Huang said the company has not sought U.S. export licenses for China, citing signals from Beijing that it does not want Nvidia operating there now.
- Nvidia announced more than 260,000 Blackwell chips will go to South Korean firms including Samsung, as analysts estimate the product could generate roughly $5 billion to $6 billion in revenue next quarter.