President Donald Trump revealed a major decision Monday on Nvidia chips.
Nvidia, a chipmaker and a leading semiconductor and artificial intelligence company, has become a major focus of the Trump administration's policies regarding U.S. competitiveness in advanced technology and competition with China, particularly around restrictions on exporting advanced chips to Chinese companies.
Trump dropped a new Truth Social post announcing the move:
"I have informed President Xi, of China, that the United States will allow NVIDIA to ship its H200 products to approved customers in China, and other Countries, under conditions that allow for continued strong National Security. President Xi responded positively! $25% will be paid to the United States of America. This policy will support American Jobs, strengthen U.S. Manufacturing, and benefit American Taxpayers. The Biden Administration forced our Great Companies to spend BILLIONS OF DOLLARS building “degraded” products that nobody wanted, a terrible idea that slowed Innovation, and hurt the American Worker. That Era is OVER! We will protect National Security, create American Jobs, and keep America’s lead in AI. NVIDIA’s U.S. Customers are already moving forward with their incredible, highly advanced Blackwell chips, and soon, Rubin, neither of which are part of this deal. My Administration will always put America FIRST. The Department of Commerce is finalizing the details, and the same approach will apply to AMD, Intel, and other GREAT American Companies. MAKE AMERICA GREAT AGAIN!"
Trump has taken positions on NVIDIA's business practices and export controls, viewing the company as central to American technological dominance while also advocating for stricter regulations on technology transfers to foreign adversaries, especially China, and the rising prominence of AI.