According to media reports such as Reuters and Bloomberg, US President Trump announced in a social media post on the 8th local time that the US government will allow Nvidia to sell its H200 artificial intelligence chips to China, but charge a certain fee for each chip. According to the New York Times, the H200 chip is Nvidia's “second most powerful” chip. Trump said that the US side will collect 25% of the relevant chip exports. He also said that the US Department of Commerce is finalizing the details of the relevant arrangement, and the same arrangement will also apply to other artificial intelligence chip companies such as Ultramicrosemiconductor and Intel. Following Trump's announcement, Nvidia shares rose 1.2% in after-hours trading, according to Reuters. According to Reuters, the move marks a shift in the Trump administration's policy. His administration's initial restrictions on the sale of artificial intelligence chips to China were a “major victory” for Nvidia CEO Wong In-hoon, who spent months lobbying the White House to ease export restrictions.

According to media reports such as Reuters and Bloomberg, US President Trump announced in a social media post on the 8th local time that the US government will allow Nvidia to sell its H200 artificial intelligence chips to China, but charge a certain fee for each chip. According to the New York Times, the H200 chip is Nvidia's “second most powerful” chip. Trump said that the US side will collect 25% of the relevant chip exports. He also said that the US Department of Commerce is finalizing the details of the relevant arrangement, and the same arrangement will also apply to other artificial intelligence chip companies such as Ultramicrosemiconductor and Intel. Following Trump's announcement, Nvidia shares rose 1.2% in after-hours trading, according to Reuters. According to Reuters, the move marks a shift in the Trump administration's policy. His administration's initial restrictions on the sale of artificial intelligence chips to China were a “major victory” for Nvidia CEO Wong In-hoon, who spent months lobbying the White House to ease export restrictions.