Trump gives Nvidia the green light to sell its H200 chips in China

Nvidia has received a significant boost from President Donald Trump, who announced on Truth Social that he has permitted the sale of the company’s H200 chips to select customers in China. In his post, Trump conveyed that he informed Chinese President Xi Jinping of the U.S. decision, emphasizing that this move would bolster American jobs, enhance U.S. manufacturing, and ultimately benefit taxpayers. Trump highlighted that a portion of the sales—specifically, 25%—would be directed to the United States. This proposal aligns with his previous suggestions regarding the U.S. taking a share of chip sales to China. Following this announcement, Nvidia's stock saw an increase during after-hours trading, reflecting investor optimism. A spokesperson for Nvidia responded positively to Trump’s decision, stating, "We applaud President Trump's decision to allow America's chip industry to compete to support high-paying jobs and manufacturing in America." They further noted that the sale of H200 chips to approved commercial clients, who will be vetted by the Department of Commerce, represents a balanced approach beneficial for the country. This developing story will continue to unfold, so stay tuned for further updates.