President Trump says the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.

The suspect allegedly tried to illegally export Nvidia’s H100 and H200 GPUs to China. Ironically, President Trump said this week that the US will now let Nvidia sell its H200 GPU in China.

Trump said he informed China the U.S. will allow NVIDIA to export its H200 products to "approved customers in China."

President Donald Trump said the United States would permit NVIDIA to ship its H200 AI chips to approved customers in China, effectively ending an export ban.

The US may ease export curbs on Nvidia’s H200 chip to China, as investors question its AI dominance and Chinese rivals race to build their own GPUs.

President Trump’s move fulfills a major goal of the chipmaker. But the move faces opposition in Washington — and uncertainty in Beijing.

President Donald Trump says he will allow Nvidia to sell its H200 computer chip used in the development of artificial intelligence to "approved customers" in China

Tech companies continue to dominate in the Drucker Institute’s annual ranking, although Intel and Adobe saw major drops

Two companies that have benefited the most from the artificial intelligence (AI) boom are Palantir Technologies ( PLTR 0.24%) and Nvidia ( NVDA 0.54%). Palantir is establishing itself as a leader in becoming an AI operating system, and Nvidia is the dominant chipmaker fueling the AI infrastructure buildout.