Trump greenlights Nvidia H200 AI chip sales to China, says Xi responded positively

In a significant development on Monday, President Donald Trump announced that the United States will permit Nvidia, a leading technology firm, to export its H200 artificial intelligence chips to select customers in China and other nations, contingent upon specific conditions. According to Trump, Chinese President Xi Jinping reacted favorably to this proposal, as noted in a post on Truth Social. The arrangement includes a stipulation that 25% of the sales from these chips will be remitted to the U.S. government, a move that Trump believes will help maintain robust national security. As of now, the White House has not provided any immediate clarification regarding the details of this arrangement, leaving many observers eager for further updates on this evolving situation.