Trump Administration Maintains Strict Blackwell GPU Export Ban to China Despite Trade Truce

Echoing Trump's sentiments, America's finance chief Bessent says the most advanced AI GPUs are restricted to home soil - China can have Blackwell chips once they're outdated

U.S. Treasury Secretary addresses semiconductor export controls. A couple of days ago, Trump told CBS News that China will not be allowed to have the most advanced chips Nvidia makes, but that they can otherwise deal with each other and sort out their own matters. Today, U.S. Secretary of the Treasury Scott Bessent corroborated that statement, proposing how "there may be a case down the road" when Beijing can eventually get their hands on Blackwell GPUs. Speaking to CNBC, Bessent said, "If we think about the Blackwell now, they're the crown jewel... Given the incredible innovation that goes on at Nvidia, where the Blackwell chips may be two, three, four down their chip stack in terms of efficacy, and at that point they could be sold on." This position aligns with the current landscape in the region where Hopper-based H20 GPUs are still the best Nvidia has to offer -- so, when Blackwell becomes a generation or two old, it might trickle down as well. It's important to note that this is not a concrete, official announcement that represents the White House's stance on the matter, though this thinking is what will likely drive (or influence) policy, especially considering how the Treasury head is a crucial part of the President's cabinet. Trump has already made it clear that the latest-and-greatest is reserved for America first, then other countries. In his interview, Bessent also highlighted how technological evolution outpaces the rate at which negotiations take place, meaning the silicon is what leads the conversation. If there were a deal to be struck here, it might take longer to agree on the terms than the wait for the next-gen product itself, rendering the discussions pointless in the first place. Next year, Blackwell (Ultra) will officially be succeeded by Vera Rubin, but it will take time to gain prevalence, which lines up with Bessent's comment on "whether it's 12 or 24 months" before Blackwell is truly behind. At which point, Nvidia will be allowed to sell it to China, who, at least right now, doesn't want anything to do with Nvidia GPUs, with CEO Jensen Huang even claiming that revenue from the region has hit zero. China is already banned from receiving and high-end Nvidia GPUs, which has led to illicit imports and VRAM modding operations at an unprecedent scale in the region. If any companies wish to sell even neutered versions of their flagship products to China, they have to pay Washington 15% of the cut from the sales -- which is what Nvidia would need to do when the cutdown China-only B30A GPU (based on Blackwell, funnily enough) is finally launched. Despite the bans, Beijing still receives Blackwell chips through grey channels, exporting them from other countries, while China is in the midst of pivoting to homegrown silicon for AI independence. At their meeting last month, President Trump and President Xi Jinping reached a historic trade truce but left out any mentions of Blackwell seemingly even in private conversation, further substantiating the red tape surrounding semiconductor trade policy.

Trump Says Didn't Talk Nvidia Blackwell Chips for China With Xi

US President Donald Trump said he didn't discuss approving sales of Nvidia Corp.'s Blackwell chips to China with his counterpart Xi Jinping, dampening speculation that Washington will allow exports of the powerful AI accelerators to the world's largest semiconductor market. Trump said he and Xi talked about Nvidia's access to China in general and that the chipmaker would continue conversations with Beijing, which has discouraged domestic firms from using less-advanced Nvidia processors that Washington already approved for sale. "We did discuss chips," Trump told reporters aboard Air Force One. "They're going to be talking to Nvidia and others about taking chips."

Trump says no Blackwell chips to be sold to China -- Nvidia re-entry into Beijing nixed despite temporary trade truce

Washington and Beijing have been engaged in an escalating trade war ever since the Trump administration took over, with tensions over semiconductors in particular reaching an all-time peak. Despite a year-long trade truce being reached last week, it seems President Trump is still adamant about his position to restrict high-end AI chip access to China. Speaking to CBS last night, Trump made it clear that Nvidia's current-gen, flagship Blackwell AI GPUs will not be allowed to be sold to China, and that they're reserved for America first. The ongoing AI race largely stands atop the shoulders of chipmaker Nvidia since its AI GPUs are used for training and hosting models for inference around the world. China is already barred from receiving high-end AI GPUs, with Nvidia being forced to produce neutered variants of its popular accelerators that comply with trade restrictions, allowing them to be sold to China. Nvidia CEO Jensen Huang has said its market share in Beijing has dropped to zero, implying that any sort of breakthrough would change the landscape drastically, but it seems that's not on the cards right now. In the interview, Trump clarified that "we will let [them] deal with Nvidia" but not in terms of the most advanced chips, which are currently Blackwell (B100, B200) and Blackwell Ultra (B300) GPUs. "The most advanced, we will not let anybody have them other than the United States," he said. Recent rumors suggest that a B30A China-exclusive variant is in the works, featuring half the performance and memory of the regular B300, meeting export control requirements, though nothing is set in stone yet. Trump met President Xi Jinping last week at a summit in South Korea and reached a historic agreement, pausing the trade war between the two nations for a year. This ease in tensions signaled to the markets that Nvidia's re-entry into China was possible once again, with Jensen Huang even saying, "I think it's really good for America and it's really good for China that Nvidia could participate in the Chinese market." Nvidia's Blackwell chips were conspicuously left out of the conversation at this meeting, despite prior indications that they would be a talking point. This ever-important convergence of premiers from different nations and billionaire CEOs resulted in Trump saying that the U.S. serves as "sort of the arbitrator or the referee" between China and Nvidia on the latter's "super duper" Blackwell GPUs. However, the President has now completely shut the door on Nvidia's flagship product entering Beijing, while China itself has banned local firms from purchasing Nvidia GPUs, focusing on homegrown chip development. Nvidia currently sells the outdated, Hopper-based H20 GPU in the region, which performs poorly considering how gaming GPUs with modded VRAMs are thriving in underground markets. This latest development is symbolic of the tit-for-tat nature of a trade war between two powerhouses, both unwilling to step down despite a temporary truce in place. Current policy indicates that chipmakers like AMD and Nvidia need to share 15% of their revenue from sales to China, which would extend to cover the rumored Blackwell-based, cut-down B30A GPU. Only time will tell if that picks up steam and helps the company's sales increase in the region once again.

Trump signals he plans to speak to China's Xi about Nvidia's 'super duper' chips

U.S. President Donald Trump speaks to members of the press as he departs the White House for Joint Base Andrews on Oct. 24, 2025 in Washington, DC. U.S. President Donald Trump plans to discuss Nvidia's advanced AI chips with Chinese President Xi Jinping during their widely expected meeting on Thursday, he told a media scrum Wednesday. While taking questions regarding his high-stakes meeting with Xi, Trump signaled that Nvidia's Blackwell AI processors could be discussed. "We'll be speaking about Blackwell, it's the super duper chip," he said. Nvidia's "super duper chip" appeared to refer to the GB200 Grace Blackwell Superchip -- its most advanced AI chip. More broadly, Nvidia's Blackwell architecture represents its latest generation of AI chips, or 'graphics processing units,' used to train and run large language models. Trump went on to laud Nvidia's Blackwell chips, claiming that they are about a decade ahead of any other chip. "That's our country. We're about 10 years ahead of anybody else in chips -- in the highly sophisticated chips. I think we may be talking about that with President Xi." The comments come as Nvidia faces tightening access to the Chinese market. While export controls have long prevented Nvidia from selling its most advanced AI chips to China, Washington had rolled back restrictions on the chipmaker's made-for-China H20 chips in July. Trump later indicated that he might also allow a downgraded version of Nvidia's Blackwell chips into the Chinese market. But in a surprise move, Beijing later stepped in to prevent its companies from importing Nvidia's chips. Earlier this month, Nvidia CEO Jensen Huang said the company is currently "100% out of China" and has no market share there. However, many experts speculate that Beijing could be using Nvidia's access to its market as leverage in its trade negotiations with the Trump administration.

Trump says Nvidia can't sell China its best AI chips

President Donald Trump has indicated that Nvidia will have to reserve its most advanced chips for U.S. companies and hold them back from China and other countries. Trump said Sunday that only U.S. customers should be able to access Nvidia's Blackwell chips, its top-end product. "We don't give (the Blackwell) chip to other people," he said on Air Force One. He echoed the statement in an interview with CBS, adding: "The most advanced, we will not let anybody have them other than the United States." The suggestion is that Trump will tighten access to the best U.S.-made AI chips, a departure from previous indications from officials. In July, the administration released a blueprint for expanding AI exports to allies as part of a bid to keep its technology edge over China. Nvidia said on Friday that it would ship 260,000 of the Blackwell chips to South Korea and some of its top firms including Samsung. Trump also suggested in August that he might allow sales of a less powerful version of the product to China. Shares in Nvidia rose 2% Monday morning after Microsoft said it secured export licenses to ship the chipmaker's products to the United Arab Emirates. The licenses mean it can ship more than 60,000 A100 chips, which have Nvidia's more advanced GB300 GPUs. Speaking to CBS, Trump said: "We will let them deal with Nvidia but not in terms of the most advanced." Trump met Chinese President Xi Jinping last week at a summit in South Korea, where the two agreed an interim trade accord that offered relief to both countries following six months of turbulent negotiations. He had hinted Blackwell chips might be part of discussions but later said they did not come up. In October, Nvidia Chief Executive Jensen Huang said the company's China business is now "100% out," describing a collapse from "95% market share to 0%" as U.S. and Chinese policy squeezed the company from both sides. "In all of our forecasts, we assume zero for China," he added. "If anything happens there -- which I hope it will -- that will be a bonus." The comments marked Huang's bluntest acknowledgment yet that tightening controls on the company's advanced chip sales have effectively erased one of Nvidia's biggest markets. Washington first banned exports of Nvidia's most powerful AI accelerators, then extended the rules to neutered "A-series" chips designed specifically for China that came after a revenue deal. Beijing then warned state-linked firms not to buy Nvidia products over national-security concerns and urged procurement of domestic alternatives such as Huawei's Ascend line. It meant that a market once responsible for roughly a quarter of Nvidia's data-center revenue vanished almost overnight.

Trump says that nobody 'other than the United States' should have Nvidia's Blackwell AI chips

US President Donald Trump has said Nvidia's Blackwell AI chips shall continue to be kept out of China. When Norah O'Donnell of CBS' 60 Minutes specifically asked the US president about allowing Nvidia to sell their most advanced chips in China, Trump said "No, we won't do that. We will let them [China], uh, deal with Nvidia." During the extended version of his latest CBS 60 Minutes interview, US president Donald Trump also said, "The most advanced [AI chips], we will not let anybody have them other than the United States" (via Reuters). It's surprising, not just considering the fact that Nvidia is the first company in the world to reach a $5 trillion valuation, but also company CEO Jensen Huang's recent comments that the US needs to "go compete" with its AI chips in China. Trump's comments are surprising in part as they follow hot on the heels of news that the US president and Chinese president Xi Jinping have agreed on a one-year trade truce at the end of last month. Apparently, the subject of the Blackwell chips simply never came up during these trade talks. These latest comments also don't rule out all of Nvidia's chips being sold in China, with Trump saying back in August that he'd consider making "a deal [with a] somewhat enhanced -- in a negative way -- Blackwell." That is, a much less powerful version of the current chip. Prior to the current US administration, Nvidia had previously spent many decades conducting business in China. However, the company's business relationship with China has become increasingly strained in recent years, with company CEO Jensen Huang even saying that, as of October, "We are 100% out of China...we went from 95% market share to 0%." According to Reuters, Huang said last week at a developers' event the company has abstained from seeking US export licenses to sell in China because "[Beijing has] made it very clear that they don't want Nvidia to be there right now." For example, back in September, the Cyberspace Administration of China had previously banned some of the country's biggest tech companies from buying the RTX Pro 6000D (which was specifically designed for the Chinese market). Nvidia had previously described this as 'a $2 billion to $5 billion potential opportunity'. As such, it's perhaps no surprise that Nvidia has since signed AI development 'prosperity deals' with Japan and South Korea. As for China, the country may have already begun as it means to go on, with data centre operators recently instructed to source more than 50% of chips from domestic manufacturers in a bid to not only break away from US tech but to win the AI arms race with homegrown hardware.

Donald Trump says Nvidia's most powerful AI chips to stay in the US

Nvidia's most powerful semiconductors will be reserved for American AI companies, says US President Donald Trump. The best chips created by NVIDIA will be reserved just for the United States and kept out of other countries, United States President Donald Trump said. Trump told American broadcaster CBS on Sunday that only US customers will have access to Nvidia's most powerful chip line, which refers to the Blackwell chips. "We will not let anybody have them other than the United States," Trump said in the interview. California-based gaming company-turned semiconductor giant Nvidia supplies many of the world's AI companies with the chips needed to train their large language models (LLMs) on data, including China. Last week, it became the world's most valuable company, worth $5 trillion (€4.30 trillion), after breaking the $4 trillion mark earlier this year. Trump said that other nations that could have access to Nvidia's full technology stack would have an "equal advantage" of winning the AI race. NVIDIA will still be able to sell to China in particular, he added, but the country will not be able to buy the company's most advanced chip. The news of NVIDIA chip restrictions comes after Trump said he would discuss the Blackwell chips with Chinese President Xi Jinping during a meeting in South Korea but he told American media CNBC that the discussion did not happen as planned. Trump's stance on export controls for semiconductors has changed many times during his tenure in the White House, restricting and then approving sales of NVIDIA's H20 chip to China. A new AI strategy launchedby Trump's administration in July showed that Trump wanted to meet global demand for AI by "exporting its full AI technology stack, hardware, models, software, applications and standards" to everyone in "America's AI alliance." Not being able to meet the demand would be "an unforced error," which would force countries to "turn to [America's] rivals," the policy said. The Export Control Reform Act was passed during Trump's first term as president. The legislation lets the President control exports for national security and foreign policy purposes. Euronews Next reached out to the US administration to clarify the president's comments, including whether there would be additional export controls to Europe but did not receive an immediate reply. In June, Nvidia said it would deploy more than 3,000 exaflops or exascale computing power from Blackwell chip systems to France, Italy and the United Kingdom. The chips were supposed to go to France's Mistral AI,, Italian software company Domyn, Dutch cloud company Nebius and AI hyperscaler start-up Nscale to "build infrastructure that will strengthen digital sovereignty ... and position the continent as a leader in the AI industrial revolution," the company said in a press release. Telecommunications companies Fastweb, Orange, Swisscom, Telefonica and Telenor are also supposed to use Nvidia chips to build agentic AI, a type of AI that can accomplish goals automatically or with little supervision. Euronews Next also reached out to NVIDIA and the companies above to see if the news from Trump's administration will change these projects.

Trump says Nvidia's most advanced AI chips will be US-only

Trump had previously hinted he might discuss the chips with Chinese President Xi Jinping at their summit in South Korea last week, but he confirmed the topic did not come up. U.S. President Donald Trump has stated that Nvidia's most advanced artificial intelligence chips will be reserved for U.S. companies and will not be sold to China or other countries, according to a Reuters report. In a "60 Minutes" interview aired Sunday and in separate comments to reporters aboard Air Force One, Trump said only U.S. customers should have access to the top-tier Blackwell chips from Nvidia. "The most advanced, we will not let anybody have them other than the United States," Trump told CBS, later adding, "We don't give (the Blackwell) chip to other people." The remarks suggest a potential tightening of export restrictions on cutting-edge American AI technology, possibly barring even allies from the most sophisticated semiconductors. This stance appears to conflict with the administration's own AI blueprint from July, which aimed to expand AI exports to allies. It also comes just one week after Nvidia announced a major deal to supply over 260,000 Blackwell AI chips to South Korea and its largest companies, including Samsung Electronics. Regarding China, Trump told CBS he would not permit the sale of the most advanced Blackwell chips to Chinese firms, but he did not explicitly rule out a less capable version. "We will let them deal with Nvidia but not in terms of the most advanced," he said. The possibility of any version of the Blackwell chip being sold to China has drawn sharp criticism from China hawks in Washington. Republican Congressman John Moolenaar, who chairs the House Select Committee on China, stated such a move "would be akin (to) giving Iran weapons-grade uranium." Trump had previously hinted he might discuss the chips with Chinese President Xi Jinping at their summit in South Korea last week, but he confirmed the topic did not come up. Separately, Nvidia CEO Jensen Huang said last week that the company has not sought U.Next, U.S. export licenses for the Chinese market, stating that Beijing has "made it very clear that they don't want Nvidia to be there right now."

Nvidia shares jump on Blackwell chip talk ahead of Trump-Xi meeting

Tensions between the US and China have hindered semiconductor trade between the two nations, although an easing of restrictions may soon be on the cards. Nvidia shares continued their dramatic rise this week as investors banked on an easing of semiconductor trade restrictions between the US and China. Ahead of a meeting with Chinese President Xi Jinping on Thursday, US President Donald Trump said he planned to discuss Nvidia's advanced Blackwell artificial intelligence chip with Xi. "We'll be speaking about Blackwell, it's the super duper chip," he told reporters on Wednesday. The president didn't elaborate on specific policy aims, although he said he was "very optimistic" about the meeting with his Chinese counterpart. By around 11:00 CET, Nvidia shares had jumped over 3% in pre-market trading, bringing the firm closer to a $5 trillion market capitalisation. Semiconductors have been a key point of contention between the US and China as both nations seek to lead on advanced technologies such as AI. The tiny chips, used to power a range of electronic devices from smartphones to medical equipment, are essential to this ambition. Since 2022, the US has therefore restricted Nvidia's sales of advanced chips to China for national security reasons. Trump has flip-flopped on export controls since his arrival in the White House, first restricting and then approving sales of Nvidia's H20 AI chip to China. Nvidia designed the H20 specifically for the Chinese market to comply with Biden-era export curbs, although the Trump administration previously said it was concerned the tech could be used for military purposes. With regard to the Blackwell processor, Trump suggested months ago that he would consider allowing Nvidia to export a downgraded version of the chip to China. Progress on such a proposal would come as a relief to Nvidia CEO Jensen Huang, who has long criticised US restrictions. Huang has notably argued that such curbs are boosting China's AI capabilities as the Chinese market is forced to become less reliant on US products. It seems that such logic is already understood in Beijing, even as the US softens its stance. After Washington gave the green light to H20 exports, China's regulator banned the country's biggest tech companies from buying Nvidia's artificial intelligence chips. "The president has licensed us to ship to China, but China has blocked us from being able to ship to China," Huang said at a Nvidia event this week in Washington. "They've made it very clear that they don't want Nvidia to be there right now." In a document released by Beijing on Tuesday, the Communist party reiterated the importance of self-sufficiency, calling for "extraordinary measures" to achieve "decisive breakthroughs" in technologies such as semiconductors. "The most important factor in promoting high-quality development is to accelerate high-level scientific and technological self-reliance," Xi said in a speech released by state news agency Xinhua. While it's possible that Chinese restrictions on Nvidia chips could be a long-lasting policy, experts have suggested that the move may be a bargaining chip in trade negotiations with Washington. Such policy U-turns are creating uncertainty for investors despite the fact that Nvidia shares have risen roughly 50% this year, driven higher by AI ambitions.

Trump Says Nvidia's Blackwell AI Chip Not for 'Other People'

(Reuters) -Nvidia's advanced Blackwell chip for artificial intelligence would not be available to "other people," U.S. President Donald Trump said Sunday. Nvidia, the world's most valuable company, dominates the market for AI chips. Questions have swirled about whether Trump would allow shipments of a version of the Blackwell to China since August, when he suggested he might allow sales of a scaled-down version of Nvidia's next-generation advanced GPU chip in China. However, Trump's remarks to reporters aboard Air Force One suggest his administration may not be inclined to grant broad overseas access to the prized chip. "The new Blackwell that just came out, it's 10 years ahead of every other chip," Trump said as he flew to Washington after a weekend in Florida. "But no, we don't give that chip to other people," he added. The possibility that Blackwell chips might be sold to Chinese firms has drawn criticism from China hawks in Washington, who fear the technology would supercharge China's military capabilities and accelerate its AI development. Republican Congressman John Moolenaar, who chairs the House Select Committee on China, said such a move "would be akin (to) giving Iran weapons-grade uranium." Trump had hinted he might discuss the chips with Chinese President Xi Jinping ahead of their summit in South Korea last week, but ultimately said the topic did not come up. Nvidia CEO Jensen Huang said last week that Nvidia has not sought U.S. export licenses for the Chinese market because of Beijing's stance on the company. "They've made it very clear that they don't want Nvidia to be there right now," he said during a developers' event, adding that it needed access to China to fund U.S.-based research and development. Nvidia said on Friday that it would supply more than 260,000 Blackwell AI chips to South Korea and some of the country's biggest businesses, including Samsung Electronics. (Reporting by Alexandra Alper and Jasper Ward; Editing by Sergio Non and Himani Sarkar)

Trump says China, other countries can't have Nvidia's top AI chips - The Economic Times

During a taped interview that aired on Sunday on CBS' "60 Minutes" program and in comments to reporters aboard Air Force One, Trump said only U.S. customers should have access to the top-end Blackwell chips offered by Nvidia, the world's most valuable company by market capitalization.Artificial intelligence giant Nvidia's most advanced chips will be reserved for U.S. companies and kept out of China and other countries, U.S. President Donald Trump said. During a taped interview that aired on Sunday on CBS' "60 Minutes" program and in comments to reporters aboard Air Force One, Trump said only U.S. customers should have access to the top-end Blackwell chips offered by Nvidia, the world's most valuable company by market capitalization. "The most advanced, we will not let anybody have them other than the United States," he told CBS, echoing remarks made earlier to reporters as he returned to Washington from a weekend in Florida. "We don't give (the Blackwell) chip to other people," he said during the flight. The remarks suggest Trump may impose tighter restrictions around cutting-edge American AI chips than U.S. officials previously had indicated, with China and potentially the rest of the world barred from accessing the most sophisticated semiconductors. In July, the Trump administration released a new artificial intelligence blueprint seeking to loosen environmental rules and vastly expand AI exports to allies, in a bid to maintain the American edge over China in the critical technology. And just last Friday, Nvidia said it would supply more than 260,000 Blackwell AI chips to South Korea and some of the country's biggest businesses, including Samsung Electronics . Questions have also swirled about whether Trump would allow shipments of a scaled-down version of Blackwell chips to China since August, when he suggested he might allow such sales. Trump told CBS he would not allow the sale of the most advanced Blackwells to Chinese companies, but he did not rule out a path for them to obtain a less capable version of the chip. "We will let them deal with Nvidia but not in terms of the most advanced," he said during the "60 Minutes" interview. The possibility that any version of Blackwell chips might be sold to Chinese firms has drawn criticism from China hawks in Washington, who fear the technology would supercharge China's military capabilities and accelerate its AI development. Republican Congressman John Moolenaar, who chairs the House Select Committee on China, said such a move "would be akin (to) giving Iran weapons-grade uranium." Trump had hinted he might discuss the chips with Chinese President Xi Jinping ahead of their summit in South Korea last week, but ultimately said the topic did not come up. Nvidia has not sought U.S. export licenses for the Chinese market because of Beijing's stance on the company, CEO Jensen Huang said last week. "They've made it very clear that they don't want Nvidia to be there right now," he said during a developers' event, adding that it needed access to China to fund U.S.-based research and development.

Trump Says May Speak to China's Xi About Nvidia's 'Super-Duper' Blackwell Chip

ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Wednesday he will speak to Chinese President Xi Jinping about Nvidia's state-of-the-art Blackwell artificial intelligence chip at their expected meeting on Thursday. Sales of the U.S. firm's high-end AI chips to China have been a key sticking point in protracted trade talks between the world's two largest economies this year. Beijing has long been irked by Washington's export controls that ban Nvidia from selling its most advanced AI chips to China. The U.S. has justified these restrictions by alleging the Chinese military would use the chips to increase its capabilities. Speaking to reporters aboard Air Force One en route to Gyeongju, South Korea, Trump praised Nvidia's Blackwell as the "super-duper chip" and said he might speak to Xi about them, without elaborating. "I think we may be talking about that with President Xi," Trump said, adding he was "very optimistic" about his meeting with Xi, the first since he returned to the White House. Reuters in May reported that Nvidia was preparing a new chip for China that was a scaled-down variant of its most recent state-of-the-art AI Blackwell chips at a significantly lower cost. Nvidia CEO Jesen Huang said on Tuesday his company had not applied for U.S. export licenses to send its newest chips to China because of the Chinese position. "They've made it very clear that they don't want Nvidia to be there right now," he said at a news conference during the company's developers event, adding it needs access to the China market to fund U.S.-based research and development. "I hope that will change in the future because I think China is a very important market." U.S. administrations have swung back and forth on allowing Nvidia's advanced chips into China, vacillating on whether access would make China more dependent on the U.S. technology or give its military and tech companies a competitive boost. Beijing has put pressure on Chinese firms to buy and further develop domestic chips in response to U.S. export controls targeting the sale of Nvidia chips to China. Despite that pressure, Chinese developers still want Nvidia's chips due to constrained supplies of products from domestic rivals such as Huawei, Reuters has previously reported. (Reporting by Trevor Hunnicutt; Writing by Eduardo Baptista; Editing by Miyoung Kim and Stephen Coates)

White House bars Nvidia from selling top AI chip to China

The Trump administration will not allow Nvidia to sell its most advanced artificial intelligence chip, known as the Blackwell, to China, the White House confirmed on Tuesday, as reported by Reuters. "As for the most advanced chips, the Blackwell chip, that's not something we're interested in selling to China at this time," White House spokeswoman Karoline Leavitt said during a press conference. The announcement reinforces United States efforts to restrict China's access to cutting-edge semiconductors and maintain a technological edge in artificial intelligence and supercomputing. The decision follows remarks from President Donald Trump, who said Sunday that the world's most powerful AI chips would be reserved for American companies and kept out of China and other countries. Speculation had grown since August over whether the administration would approve exports of a scaled-down version of the Blackwell chip. Trump had also suggested he might discuss chip exports with Chinese President Xi Jinping during their recent summit in South Korea, but later confirmed that the issue was not raised. Nvidia, the world's most valuable chipmaker, has faced tightening export rules since Washington first restricted AI chip sales to China in 2022, forcing the company to design downgraded models for the Chinese market.

Trump Says US Will Block Other Countries From Nvidia's Top Chips

Most partners believe that Trump's statement on blocking other countries either was misspoken or would otherwise never happen. When President Trump said Sunday that he won't allow Nvidia to sell its most advanced AI chips to China, he seemed to escalate his rhetoric on semiconductor trade policy by also saying that every other country outside the United States won't have access too. "The most advanced, we will not let anybody have them other than the United States," Trump told CBS News' 60 Minutes program. [Related: 7 Big Nvidia Products, Partnerships And Takeaways From GTC DC 2025] The president made the statement immediately after he explained his stance that he will not let Nvidia's most advanced chips into China, saying, "We will let them deal with Nvidia. Nvidia is the prime company in the world for that, and we will let them deal with Nvidia but not in terms of the most advanced." While Trump's statement, on its face, seemed to suggest that the White House could be looking into new export restrictions for Nvidia's most advanced chips -- which include the Grace Blackwell Superchip that is sold in the company's GB200 NVL72 rack-scale platform -- Nvidia partners who spoke to CRN were not concerned. That's because most of the partners -- represented by senior-level executives or directors and some of which have won Nvidia's top partner awards -- believed that Trump's statement on blocking other countries either was misspoken or would otherwise never happen. Nvidia, the White House and the U.S. Department of Commerce, which oversees export restrictions, did not respond to requests for comment. The company's stock price was up 2.17 percent today. This year, the AI infrastructure giant has touted major GPU platform deals with many commercial and government customers across the world. In September, for instance, Nvidia announced that United Kingdom-based AI infrastructure provider Nscale plans to use 300,000 Grace Blackwell GPUs worldwide, with 60,000 set for domestic deployment. Just last Friday in South Korea, the Santa Clara, Calif.-based company revealed government and commercial deals representing a total of 260,000 GPUs for AI data centers. While one deal was for Nvidia's lower-end RTX Pro Blackwell 6000 Server Edition GPUs, the company did not say if any others included its most advanced Blackwell chips. Many of these international deals have been highlighted as part of Nvidia's "sovereign AI" strategy, which is focused on convincing nations across the world that they must build out their own AI infrastructure, workforces and business networks to advance their economies. Nvidia CFO Colette Kress said in August during the company's second-quarter earnings call that sovereign AI deals were on track on generate more than $20 billion in revenue this year, "more than double that of last year." She called this area "a significant opportunity for Nvidia." Against the backdrop of this opportunity and Trump's statement about the U.S. potentially blocking the sale of Nvidia's top chips elsewhere, partners who spoke with CRN shrugged off the threat. On the other hand, Dominic Daninger, vice president of Burnsville, Minn.-based systems integrator Nor-Tech, said he thinks Trump's statement was meant to be aimed at U.S. adversaries like North Korea, Russia and Iran. He didn't think Trump would block other countries outside of China from Nvidia's most advanced chips due to the United States' history of collaboration with ally countries, such as the technology sharing that occurred between the U.S. and U.K. during World War II. "That probably was a little loosely phrased," said Daninger, whose company sells systems, including GPU-based platforms, to customers in the Middle East, Ireland and Vietnam. Christopher Cyr, CTO of North Sioux City, S.D.-based systems integrator Sterling Computers, told CRN that he views any new restrictions on such products a part of doing business, adding that he believes Nvidia would "continue to innovate." "We've lived within the cycle of technological restrictions for eons," he said.

Trump Declares Nvidia Blackwell AI Chip Will Not Be Available For 'Other People': President Says Tech Is Decades Ahead Of Competition - NVIDIA (NASDAQ:NVDA)

President Donald Trump has declared that Nvidia's (NASDAQ:NVDA) advanced Blackwell AI chip will not be available for "other people." This decision comes amid concerns about the potential sale of a scaled-down version to China. Trump On Nvidia's Blackwell Chip Trump announced on Sunday that the Blackwell AI chip, which he reportedly said was a decade ahead of its competitors, will not be accessible to "other people," as reported by Reuters. The announcement was made aboard Air Force One, highlighting the strategic importance of the technology. Concerns have been voiced by China hawks in Washington, who fear that access to such technology could enhance China's military and AI capabilities. Rep. John Moolenaar (R-Mich.), chair of the House Select Committee on China, likened the potential sale to China to providing Iran with weapons-grade uranium. Although Trump previously hinted at discussing the chips with Chinese President Xi Jinping, the topic was not addressed during their recent summit in South Korea. See Also: Jeff Bezos Was Once Told By A Harvard Student To Sell Amazon To Barnes & Noble And 'Get Out': The Entrepreneur Did This Instead Huang Says Nvidia Did Not Seek Export Licenses Nvidia CEO Jensen Huang stated that the company has not sought U.S. export licenses for China, citing Beijing's current stance. Meanwhile, Nvidia plans to supply over 260,000 Blackwell AI chips to South Korea, including major firms like Samsung Electronics (KRX: 005930). Blackwell Matters For Nvidia's Success The Blackwell AI chip is pivotal for Nvidia's financial future, with analysts predicting it could generate $5 billion to $6 billion in revenue next quarter. The chip's importance is underscored by Nvidia's recent surge past a $5 trillion market capitalization, amid discussions of an AI gold rush. Hopes For Nvidia's China Exports Despite the restrictions, CEO Huang remains hopeful about resuming sales to China, emphasizing the market's vibrancy and the need to address U.S. national security concerns. "I'll keep being optimistic that China...would want American companies to be in the China market...because China wants to be a region, a market where people invest," he said. Nvidia stock closed nearly 0.2% lower at $202.49 on Friday. Benzinga's Edge Stock Rankings indicate the stock has a Value in the 3rd percentile. Here is how the stock compares with other hot AI plays. Read Next: 'Why Are There So Many iPhones?' -- Samsung Chairman Lee Jae-Yong Cracks Up Crowd During Seoul Meetup With Nvidia CEO Jensen Huang Image via Shutterstock/ Brian Jason NVDANVIDIA Corp$202.62-0.13%OverviewMarket News and Data brought to you by Benzinga APIs

NVIDIA's Hopes of Reentering China Die 'Once Again' as President Trump Blocks Sale of Blackwell AI Chips to Beijing

NVIDIA's Blackwell AI chips won't be allowed for export to China, as President Trump puts an end to all developments surrounding Team Green's re-entry into Beijing. It seems that Jensen's desire to return to China might have to wait a little longer, as even after the monumental US-China trade breakthrough, NVIDIA's AI chips will still be unable to access the Chinese AI market. During a CBS News interview, President Trump declared that the US won't allow other nations, such as China, to have access to 'high-end' AI chips. More importantly, he specifically mentioned not approving Blackwell, which means that, for now, the NVIDIA-China situation remains in a deadlock. The most advanced, we will not let anybody have them other than the United States. We don't give (the Blackwell) chip to other people. Well, for those unaware, in recent days, President Trump has expressed that the NVIDIA-China situation is entirely between the two parties, with the US government acting as an arbitrator between them; hence, the latest comments do come as a surprise. However, for NVIDIA, the situation in China keeps getting worse with each passing time, since not only is the firm facing restrictions from the USG, but the Chinese administration is also showing a 'hostile' behavior towards the company's AI chips, which is one of the biggest reasons behind the deadlock. NVIDIA's Jensen Huang has repeatedly stated to the media that for his company, revenue from China has dropped to zero, and any breakthrough would mean a "bonus." Despite a bold stance, it's evident that Team Green is missing out on "tens of billions" in revenue from the Chinese AI market, and before the export controls were implemented, Beijing accounted for a massive share of the company's revenue. With the recent statement by President Trump, it appears that NVIDIA is stuck with its Hopper H20 AI chip for China, which is also not gaining widespread adoption. The situation is becoming pretty interesting for NVIDIA, to the point where hopes of seeing a China breakthrough are slimmer than ever.

Trump says Nvidia chip talks with Xi didn't cover Blackwell

U.S. President Donald Trump said he didn't discuss approving sales of Nvidia's Blackwell chips to China with his Chinese counterpart Xi Jinping, dampening speculation that Washington will allow exports of the powerful artificial intelligence accelerators to the world's largest semiconductor market. Trump said he and Xi talked about Nvidia's access to China in general and that the chipmaker would continue conversations with Beijing, which has discouraged domestic firms from using less-advanced Nvidia processors that Washington already approved for sale. "We did discuss chips," Trump told reporters aboard Air Force One. "They're going to be talking to Nvidia and others about taking chips."

Trump says we don't give Nvidia's advanced Blackwell AI chip to others

US President Donald Trump said on Sunday the United States doesn't give Nvidia's advanced AI chip, known as the Blackwell, "to other people," adding that he meets with Nvidia CEO Jensen Huang regularly. The remarks suggest Trump may impose tighter restrictions around cutting-edge American AI chips than US officials previously had indicated, with China and potentially the rest of the world barred from accessing the most sophisticated semiconductors. Artificial intelligence giant Nvidia's most advanced chips will be reserved for US companies and kept out of China and other countries, US President Donald Trump said. During a taped interview that aired on Sunday on CBS' "60 Minutes" program and in comments to reporters aboard Air Force One, Trump said only US customers should have access to the top-end Blackwell chips offered by Nvidia, the world's most valuable company by market capitalisation. "The most advanced, we will not let anybody have them other than the United States," he told CBS, echoing remarks made earlier to reporters as he returned to Washington from a weekend in Florida. "We don't give (the Blackwell) chip to other people," he said during the flight. The remarks suggest Trump may impose tighter restrictions around cutting-edge American AI chips than US officials previously had indicated, with China and potentially the rest of the world barred from accessing the most sophisticated semiconductors. In July, the Trump administration released a new artificial intelligence blueprint seeking to loosen environmental rules and vastly expand AI exports to allies, in a bid to maintain the American edge over China in the critical technology. And just last Friday, Nvidia said it would supply more than 260,000 Blackwell AI chips to South Korea and some of the country's biggest businesses, including Samsung Electronics . Questions have also swirled about whether Trump would allow shipments of a scaled-down version of Blackwell chips to China since August, when he suggested he might allow such sales. Trump told CBS he would not allow the sale of the most advanced Blackwells to Chinese companies, but he did not rule out a path for them to obtain a less capable version of the chip. "We will let them deal with Nvidia but not in terms of the most advanced," he said during the "60 Minutes" interview. The possibility that any version of Blackwell chips might be sold to Chinese firms has drawn criticism from China hawks in Washington, who fear the technology would supercharge China's military capabilities and accelerate its AI development. Republican Congressman John Moolenaar, who chairs the House Select Committee on China, said such a move "would be akin (to) giving Iran weapons-grade uranium." Trump had hinted he might discuss the chips with Chinese President Xi Jinping ahead of their summit in South Korea last week, but ultimately said the topic did not come up. Nvidia has not sought US export licenses for the Chinese market because of Beijing's stance on the company, CEO Jensen Huang said last week. "They've made it very clear that they don't want Nvidia to be there right now," he said during a developers' event, adding that it needed access to China to fund US-based research and development.

Trump To Discuss Nvidia's 'Super Duper' AI Chips With Xi, Hints At Meeting Jensen Huang - NVIDIA (NASDAQ:NVDA), Taiwan Semiconductor (NYSE:TSM)

President Donald Trump is set to address the topic of Nvidia Corporation's (NASDAQ:NVDA) advanced AI chips with Chinese President Xi Jinping during their upcoming meeting. Trump Set To Meet Huang Before Xi On Wednesday, Trump told reporters about the possibility of discussing Nvidia's Blackwell AI processors with Xi Jinping during their anticipated meeting, reported CNBC. "We'll be speaking about Blackwell, it's the super duper chip," said Trump. The "super duper chip" Trump referred to is believed to be the GB200 Grace Blackwell Superchip, Nvidia's most advanced AI chip. Trump also praised Nvidia's Blackwell chips, claiming they are a decade ahead of any other chip. "That's our country. We're about 10 years ahead of anybody else in chips, in the highly sophisticated chips. I think we may be talking about that with President Xi," he said. Trump, during a business leader meeting in Japan on Tuesday, mentioned that he is set to meet CEO Jensen Huang on Wednesday. He also congratulated Nvidia and Taiwan Semiconductor Manufacturing Co (NYSE:TSM) for introducing the first U.S.-made Blackwell Wafer earlier this month. See Also: China Reportedly Resumes US Soybean Purchases Before Trump-Xi Meeting Huang Sounds Alarm On US-China Tech War Trump's decision to discuss Nvidia's AI chips with Xi is significant given the recent developments in the U.S.-China tech relationship. Just a day before, CEO Jensen Huang warned that the U.S. cannot win the AI battle by isolating China's developers. He stressed the need for the U.S. to lead in AI while keeping China's developer ecosystem accessible. This comes after China, in September, banned its major tech firms from purchasing Nvidia's AI chips, a move that impacted Nvidia's stock. The ban followed earlier restrictions on Nvidia's China-only chips, with Chinese regulators determining that domestic chips had reached performance levels comparable to those of Nvidia's models used in China. That being said, Huang's keynote at Tuesday's Nvidia GTC also saw him giving "enormous credit" to Trump for advancing the American tech sector and pushing companies to bring manufacturing back to the U.S. "If this didn't happen, we could have been in a bad situation, and I want to thank President Trump," said Huang. READ NEXT: Why Is Nvidia Investing $1 Billion In Nokia's AI Future? Image via Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. NVDANVIDIA Corp$207.353.14%OverviewTSMTaiwan Semiconductor Manufacturing Co Ltd$303.900.79%Market News and Data brought to you by Benzinga APIs

NVIDIA Could Receive Approval for Blackwell AI Chip in China, Marking a Major "Bonus" for Its Market Share in the Region

NVIDIA's market position in China could see a significant boost following the Trump-Xi meeting, as President Trump hints at discussing 'Blackwell' AI chips for Beijing. The Chinese market has been a significant challenge for Jensen Huang since the US-China trade hostilities, and now, it seems like there might be a sigh of relief on the horizon for NVIDIA. According to a report by Bloomberg, President Trump has suggested discussing NVIDIA's Blackwell AI chip with the Chinese counterpart, indicating that chips could be a crucial component of a successful US-China trade deal. For Jensen Huang, this does mark a moment of breakthrough. Donald Trump said he expects to lower tariffs the US has imposed on Chinese goods over the fentanyl crisis and speak with China's Xi Jinping about Nvidia Corp.'s flagship Blackwell artificial intelligence chip, as leaders of the world's biggest economies seek to ease tensions in a meeting on Thursday. - Bloomberg Well, NVIDIA had already given up on China based on comments by CEO Jensen Huang, and according to some of his previous quotes, Team Green's market share has dropped to 0%, after once dominating the domestic markets. Jensen Huang did make it clear in the past that the next AI chip solution for China has to be a Blackwell-based chip, since the Hopper lineup cannot be "cut down" anymore. Based on past knowledge, NVIDIA's next Blackwell chip solution for China could be the B30A AI chip, but this depends on how the US-China negotiations unfold. The B30A AI chip is claimed to feature 8-Hi HBM3E, TSMC's N4P process, and the presence of NVLink interconnect; however, a huge chunk of the performance boost will be driven by the Blackwell architecture. The B30 AI chip will feature a dual-die design, a significant departure from the H20 AI chip, which employs a monolithic design. With this, NVIDIA will likely put the B30A chip on par with the B200/B300 in terms of the chiplet configuration; however, these are rumored specifications, and nothing is concrete as of now. Given that NVIDIA receives approval for a Blackwell AI chip for China, this could mean a 'huge' turnaround for the firm, not just in terms of the revenue figures, but also as a boost to the firm's market share in the nation.

Trump says China, other countries can't have Nvidia's top AI chips - The Korea Times

Artificial intelligence giant Nvidia's most advanced chips will be reserved for U.S. companies and kept out of China and other countries, U.S. President Donald Trump said. During a taped interview that aired on Sunday on CBS' "60 Minutes" program and in comments to reporters aboard Air Force One, Trump said only U.S. customers should have access to the top-end Blackwell chips offered by Nvidia, the world's most valuable company by market capitalization. "The most advanced, we will not let anybody have them other than the United States," he told CBS, echoing remarks made earlier to reporters as he returned to Washington from a weekend in Florida. "We don't give (the Blackwell) chip to other people," he said during the flight. The remarks suggest Trump may impose tighter restrictions around cutting-edge American AI chips than U.S. officials previously had indicated, with China and potentially the rest of the world barred from accessing the most sophisticated semiconductors. In July, the Trump administration released a new artificial intelligence blueprint seeking to loosen environmental rules and vastly expand AI exports to allies, in a bid to maintain the American edge over China in the critical technology. And just last Friday, Nvidia said it would supply more than 260,000 Blackwell AI chips to South Korea and some of the country's biggest businesses, including Samsung Electronics . Questions have also swirled about whether Trump would allow shipments of a scaled-down version of Blackwell chips to China since August, when he suggested he might allow such sales. Trump told CBS he would not allow the sale of the most advanced Blackwells to Chinese companies, but he did not rule out a path for them to obtain a less capable version of the chip. "We will let them deal with Nvidia but not in terms of the most advanced," he said during the "60 Minutes" interview. The possibility that any version of Blackwell chips might be sold to Chinese firms has drawn criticism from China hawks in Washington, who fear the technology would supercharge China's military capabilities and accelerate its AI development. Republican Congressman John Moolenaar, who chairs the House Select Committee on China, said such a move "would be akin (to) giving Iran weapons-grade uranium." Trump had hinted he might discuss the chips with Chinese President Xi Jinping ahead of their summit in South Korea last week, but ultimately said the topic did not come up. Nvidia has not sought U.S. export licenses for the Chinese market because of Beijing's stance on the company, CEO Jensen Huang said last week. "They've made it very clear that they don't want Nvidia to be there right now," he said during a developers' event, adding that it needed access to China to fund U.S.-based research and development.

Trump says Nvidia's high-end Blackwell chip did not figure in talks with China's Xi - The Economic Times

US President Donald Trump clarified that he did not discuss Nvidia's advanced Blackwell AI chip with Chinese President Xi Jinping, contradicting earlier remarks. His comments dampened Nvidia's hopes of gaining approval to sell a limited version of the chip in China amid ongoing technology and trade tensions between the nations.US President Donald Trump said on Thursday he did not discuss chipmaker Nvidia's state-of-art Blackwell artificial intelligence chip during talks with Chinese President Xi Jinping. He was walking back the previous day's remarks about potentially helping the company to export a scaled-down version of its current flagship GPU processor, a key component in the AI race. But Nvidia's hopes to get approval from the United States and China to sell a scaled-down version of its most powerful AI chip yet took a hit from Trump's comments on Thursday. "We're not talking about Blackwell chips," Trump told reporters aboard Air Force One, after leaving the meeting with Xi, their first since he returned to the White House. En route to South Korea on Wednesday, he said he might discuss the chip with the Chinese leader.

Trump officials block Nvidia's push to export AI chips to China - WSJ By Investing.com

Investing.com -- President Trump decided not to discuss the export of Nvidia's advanced Blackwell AI chips to China during his October 30 meeting with Chinese leader Xi Jinping in Busan, South Korea, following strong opposition from his top advisers. According to the Wall Street Journal, Secretary of State Marco Rubio and other officials warned Trump that allowing the export of these chips would threaten national security by boosting China's AI capabilities. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer also opposed the approval. Nvidia CEO Jensen Huang has been lobbying extensively to maintain access to the Chinese market, which he estimates is home to about half of the world's AI researchers. "I really hope President Trump will help us find a solution," Huang said at an Nvidia event in Washington before the Trump-Xi meeting. "Right now we're in an awkward place." The decision represents a significant setback for Nvidia, as exports of Blackwell chips to China could potentially generate tens of billions of dollars in sales.

Giving Nvidia's Blackwell chip to China would slash US's AI advantage, experts say - The Economic Times

If the Trump administration allows Nvidia to sell a version of its best AI chip to China, as the President opened the door to on Wednesday, experts say it would severely decrease the American advantage in artificial intelligence. It could also effectively spell the end of US chip export restrictions, which were put in place in 2022 to make sure Beijing's military would not benefit from American technology, and to slow the development of China's AI efforts. "If we decide to export B30As, it would dramatically shrink the US's main advantage it currently has over China in AI," said Tim Fist, co-author of a just-completed analysis of the impact of allowing China the B30A chip, a downgraded version of Nvidia's state-of-the-art Blackwell chip. Trump may discuss 'super-duper' chip US President Donald Trump said on Wednesday he may speak to Chinese President Xi Jinping about Nvidia's "super-duper" Blackwell chip at their Thursday meeting. The comments echoed those he made in August suggesting he might allow a 30 or 50 percent scaled-down version of Nvidia's top chip to China. But, Fist said, the B30A is a version of the best Nvidia chip in different packaging: China could buy twice as many and get the same result, likely at the same price. A spokesperson for Nvidia declined comment. In the paper, published on Saturday, Fist and his co-authors analyzed nine scenarios covering a range of export strategies the administration might take for a downgraded Blackwell chip. Best and worst case scenarios In the best scenario, where no powerful chips are exported to China next year, the U.S. would have 30 times the AI computing power than China. In the worst, where the US allows the export of the B30A and comparable chips from other US companies, China could surpass the US in terms of how much AI computing power they gain in 2026. Even in a median scenario, where a small amount of the chips is exported, the US advantage shrinks to four times China's computing power, the analysis found. "If any meaningful quantities are allowed, it's a huge change," said Fist, director of emerging technology policy at the Institute for Progress, a Washington-based think tank. "It's functionally ending the export control regime that we have today." Chris McGuire, a national security and technology expert who served in the US State Department until last summer, agreed. "If this chip is allowed to go, there are effectively no AI chip export controls anymore," McGuire said. "The reason we have a big advantage on AI is because we have big advantages in computing power and in chips. If we give that away, best case is, it's like a tie. Worst case, we fall behind." "We would be trading China our most advanced technology for soybean purchases," McGuire said.

Trump says Nvidia not allowed to sell advanced AI chips to China- 60 Minutes By Investing.com

Investing.com-- U.S. President Donald Trump told CBS' 60 Minutes that Nvidia will not be allowed to sell its most advanced artificial intelligence chips to China, but that the company will be allowed to deal with Beijing. In an interview aired on Sunday evening, Trump said he will not let anybody outside the U.S. have Nvidia's most advanced chips- the Blackwell series. "We will let them (China) deal with Nvidia but not in terms of the most advanced. The most advanced, we will not let anybody have them other than the United States," Trump told CBS' Norah O'Donnell. Trump touted a recent trade deal with China, stating that he had a "great relationship" with the country, and that it was "better to get along with China than not." Trump's comments come after Washington and Beijing agreed to a one-year trade deal under which China will ease its rare earth export curbs and buy more U.S. agrigoods, in exchange for lower U.S. tariffs on the country. The interview, which was aired on Sunday evening and recorded on Friday, was Trump's first appearance on CBS' 60 Minutes in five years. Trump also returned to the show after winning a $16 million settlement with CBS parent Paramount over a 60 Minutes episode last year, which he claimed deceptively edited an interview with then political opponent Kamala Harris. Trump, in his latest appearance covered a slew of major topics, including the Israel ceasefire, the Russia-Ukraine war, and an ongoing U.S. economic shutdown. Trump also defended his trade tariffs, stating that the government was seeing vast amounts of fiscal income from the measures, and that any ruling against his tariffs would bode poorly for the U.S. economy. "I think our country will be immeasurably hurt. I think our economy will go to hell," Trump said, responding to a question on what would happen if the Supreme Court invalidated his tariffs. The Supreme Court will hear arguments this week on several legal challenges to Trump's tariffs.

Trump says may speak to China's Xi about Nvidia's 'super-duper' Blackwell chip

President Trump plans to discuss Nvidia's advanced AI chips with Chinese President Xi Jinping during their upcoming meeting. Sales of these high-end chips to China have been a major point of contention in US-China trade talks, with Washington citing military capability concerns. Nvidia's CEO noted that China has indicated a current disinterest in acquiring their newest chips. US President Donald Trump said on Wednesday he will speak to Chinese President Xi Jinping about Nvidia's state-of-the-art Blackwell artificial intelligence chip at their expected meeting on Thursday. Sales of the US firm's high-end AI chips to China have been a key sticking point in protracted trade talks between the world's two largest economies this year. Beijing has long been irked by Washington's export controls that ban Nvidia from selling its most advanced AI chips to China. The US has justified these restrictions by alleging the Chinese military would use the chips to increase its capabilities. Speaking to reporters aboard Air Force One en route to Gyeongju, South Korea, Trump praised Nvidia's Blackwell as the "super-duper chip" and said he might speak to Xi about them, without elaborating. "I think we may be talking about that with President Xi," Trump said, adding he was "very optimistic" about his meeting with Xi, the first since he returned to the White House. Reuters in May reported that Nvidia was preparing a new chip for China that was a scaled-down variant of its most recent state-of-the-art AI Blackwell chips at a significantly lower cost. Nvidia CEO Jesen Huang said on Tuesday his company had not applied for US export licenses to send its newest chips to China because of the Chinese position. "They've made it very clear that they don't want Nvidia to be there right now," he said at a news conference during the company's developers event, adding it needs access to the China market to fund US-based research and development. "I hope that will change in the future because I think China is a very important market." US administrations have swung back and forth on allowing Nvidia's advanced chips into China, vacillating on whether access would make China more dependent on the US technology or give its military and tech companies a competitive boost. Beijing has put pressure on Chinese firms to buy and further develop domestic chips in response to US export controls targeting the sale of Nvidia chips to China. Despite that pressure, Chinese developers still want Nvidia's chips due to constrained supplies of products from domestic rivals such as Huawei, Reuters has previously reported.

Trump says China, other countries can't have Nvidia's top AI chips

(Reuters) -Artificial intelligence giant Nvidia's most advanced chips will be reserved for U.S. companies and kept out of China and other countries, U.S. President Donald Trump said. During a taped interview that aired on Sunday on CBS' "60 Minutes" program and in comments to reporters aboard Air Force One, Trump said only U.S. customers should have access to the top-end Blackwell chips offered by Nvidia, the world's most valuable company by market capitalization. "The most advanced, we will not let anybody have them other than the United States," he told CBS, echoing remarks made earlier to reporters as he returned to Washington from a weekend in Florida. "We don't give (the Blackwell) chip to other people," he said during the flight. The remarks suggest Trump may impose tighter restrictions around cutting-edge American AI chips than U.S. officials previously had indicated, with China and potentially the rest of the world barred from accessing the most sophisticated semiconductors. In July, the Trump administration released a new artificial intelligence blueprint seeking to loosen environmental rules and vastly expand AI exports to allies, in a bid to maintain the American edge over China in the critical technology. And just last Friday, Nvidia said it would supply more than 260,000 Blackwell AI chips to South Korea and some of the country's biggest businesses, including Samsung Electronics. Questions have also swirled about whether Trump would allow shipments of a scaled-down version of Blackwell chips to China since August, when he suggested he might allow such sales. Trump told CBS he would not allow the sale of the most advanced Blackwells to Chinese companies, but he did not rule out a path for them to obtain a less capable version of the chip. "We will let them deal with Nvidia but not in terms of the most advanced," he said during the "60 Minutes" interview. The possibility that any version of Blackwell chips might be sold to Chinese firms has drawn criticism from China hawks in Washington, who fear the technology would supercharge China's military capabilities and accelerate its AI development. Republican Congressman John Moolenaar, who chairs the House Select Committee on China, said such a move "would be akin (to) giving Iran weapons-grade uranium." Trump had hinted he might discuss the chips with Chinese President Xi Jinping ahead of their summit in South Korea last week, but ultimately said the topic did not come up. Nvidia has not sought U.S. export licenses for the Chinese market because of Beijing's stance on the company, CEO Jensen Huang said last week. "They've made it very clear that they don't want Nvidia to be there right now," he said during a developers' event, adding that it needed access to China to fund U.S.-based research and development. (Reporting by Alexandra Alper and Jasper Ward; Editing by Sergio Non, Himani Sarkar and Lincoln Feast.)

Trump says China, other countries can't have Nvidia's top AI chips - VnExpress International

Artificial intelligence giant Nvidia's most advanced chips will be reserved for U.S. companies and kept out of China and other countries, U.S. President Donald Trump said. During a taped interview that aired on Sunday on CBS' "60 Minutes" program and in comments to reporters aboard Air Force One, Trump said only U.S. customers should have access to the top-end Blackwell chips offered by Nvidia, the world's most valuable company by market capitalization. "The most advanced, we will not let anybody have them other than the United States," he told CBS, echoing remarks made earlier to reporters as he returned to Washington from a weekend in Florida. "We don't give (the Blackwell) chip to other people," he said during the flight. The remarks suggest Trump may impose tighter restrictions around cutting-edge American AI chips than U.S. officials previously had indicated, with China and potentially the rest of the world barred from accessing the most sophisticated semiconductors. In July, the Trump administration released a new artificial intelligence blueprint seeking to loosen environmental rules and vastly expand AI exports to allies, in a bid to maintain the American edge over China in the critical technology. And just last Friday, Nvidia said it would supply more than 260,000 Blackwell AI chips to South Korea and some of the country's biggest businesses, including Samsung Electronics. Questions have also swirled about whether Trump would allow shipments of a scaled-down version of Blackwell chips to China since August, when he suggested he might allow such sales. Trump told CBS he would not allow the sale of the most advanced Blackwells to Chinese companies, but he did not rule out a path for them to obtain a less capable version of the chip. "We will let them deal with Nvidia but not in terms of the most advanced," he said during the "60 Minutes" interview. The possibility that any version of Blackwell chips might be sold to Chinese firms has drawn criticism from China hawks in Washington, who fear the technology would supercharge China's military capabilities and accelerate its AI development. Republican Congressman John Moolenaar, who chairs the House Select Committee on China, said such a move "would be akin (to) giving Iran weapons-grade uranium." Trump had hinted he might discuss the chips with Chinese President Xi Jinping ahead of their summit in South Korea last week, but ultimately said the topic did not come up. Nvidia has not sought U.S. export licenses for the Chinese market because of Beijing's stance on the company, CEO Jensen Huang said last week. "They've made it very clear that they don't want Nvidia to be there right now," he said during a developers' event, adding that it needed access to China to fund U.S.-based research and development.

Trump says he will discuss Nvidia Blackwell with China's Xi By Investing.com

Investing.com-- U.S. President Donald Trump said on Wednesday he will discuss Nvidia and its flagship artificial intelligence chip, Blackwell, during his upcoming meeting with Chinese President Xi Jinping this week. Stock markets responded positively to Trump's comments, with Wall Street futures slightly extending gains in Asian trade. Nasdaq 100 Futures were up 0.3% by 22:46 ET (02:46 GMT). Speaking to reporters aboard Air Force One, Trump touted Blackwell, NVIDIA Corporation (NASDAQ:NVDA), and CEO Jensen Huang, calling the chip "amazing," and that Nvidia was doing "unbelievable" work. "We will be speaking about Blackwell," Trump said, responding to a question on whether China's restricting of U.S. chips will be discussed during the Xi meeting. Trump's comments came just after Nvidia's Huang, during the company's first developer conference in Washington, lauded Trump and said that the U.S. could win the AI race even with Chinese developers running Nvidia chips. Nvidia's shares surged to a record high on Tuesday, as Huang also touted more investment in the United States. Nvidia was effectively blocked from Chinese markets earlier this year, as Beijing balked at Washington allowing only specific, relatively less powerful AI chips to be sold in the country. Under current U.S. export rules, Nvidia is unable to sell its flagship Blackwell line in the country. Chip technology restrictions were a major point of contention for China during a recent trade conflict with the U.S., with Beijing seen encouraging more home-grown AI and chip ventures this year. Huang has repeatedly decried U.S. and Chinese restrictions on chips, and has in recent months tread a thin line between furthering U.S. investment and not antagonizing China any further. Trump is set to meet China's Xi in South Korea on Thursday, as the U.S. president tours Asia. The meeting comes amid heightened trade tensions between the world's largest economies.

Trump says Nvidia's Blackwell AI chip not for 'other people'

(Reuters) -Nvidia's advanced Blackwell chip for artificial intelligence would not be available to "other people," U.S. President Donald Trump said Sunday. Nvidia, the world's most valuable company, dominates the market for AI chips. Questions have swirled about whether Trump would allow shipments of a version of the Blackwell to China since August, when he suggested he might allow sales of a scaled-down version of Nvidia's next-generation advanced GPU chip in China. However, Trump's remarks to reporters aboard Air Force One suggest his administration may not be inclined to grant broad overseas access to the prized chip. "The new Blackwell that just came out, it's 10 years ahead of every other chip," Trump said as he flew to Washington after a weekend in Florida. "But no, we don't give that chip to other people," he added. The possibility that Blackwell chips might be sold to Chinese firms has drawn criticism from China hawks in Washington, who fear the technology would supercharge China's military capabilities and accelerate its AI development. Republican Congressman John Moolenaar, who chairs the House Select Committee on China, said such a move "would be akin (to) giving Iran weapons-grade uranium." Trump had hinted he might discuss the chips with Chinese President Xi Jinping ahead of their summit in South Korea last week, but ultimately said the topic did not come up. Nvidia CEO Jensen Huang said last week that Nvidia has not sought U.S. export licenses for the Chinese market because of Beijing's stance on the company. "They've made it very clear that they don't want Nvidia to be there right now," he said during a developers' event, adding that it needed access to China to fund U.S.-based research and development. Nvidia said on Friday that it would supply more than 260,000 Blackwell AI chips to South Korea and some of the country's biggest businesses, including Samsung Electronics. (Reporting by Alexandra Alper and Jasper Ward; Editing by Sergio Non and Himani Sarkar)

Despite high expectations, Trump didn't discuss Nvidia's Blackwell chip with Xi

ABOARD AIR FORCE ONE/GYEONGJU (Reuters) -U.S. President Donald Trump may have teased that he could discuss Nvidia's state-of-the-art artificial intelligence Blackwell chips with Chinese President Xi Jinping, but in the end, he said the topic didn't come up. After meeting with Xi in South Korea on Thursday, Trump told reporters aboard Air Force One that semiconductors had been discussed and that China is "going to be talking to Nvidia and others about taking chips," but added: "We're not talking about the Blackwell." A day earlier, Trump had praised the Blackwell chip as "super-duper", adding he might speak to Xi about that - comments that likely helped Nvidia make history as the first company to reach a $5 trillion valuation. THORNY TOPIC The extent to which China has access to Nvidia's chips has been a key point of friction between the U.S. and China. Washington currently imposes export controls on sales of Nvidia's most advanced AI chips to China, seeking to limit its tech progress, particularly in any applications that could help its military. Nvidia has been working on a new chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell there, sources have previously said. But while private Chinese companies are believed to be very much interested in purchasing such a chip, the Chinese government has turned cool towards Nvidia and is instead promoting domestic chip manufacturers like Huawei. Nvidia CEO Jensen Huang said earlier this week that his company had not applied for U.S. export licenses to send its newest chips to China because of the Chinese position. "They've made it very clear that they don't want Nvidia to be there right now," he said during the company's developers' event, adding it needs access to the China market to fund U.S.-based research and development. A range of U.S. lawmakers, both Democratic and Republican, have also expressed their opposition to giving China more access to advanced chips like Nvidia's Blackwell. On Thursday at least, Trump did not appear to want to get into the thick of the issue. "I said (to Xi) that's really between you and Nvidia, but we're sort of the arbitrator or the referee," he said. (Reporting by Trevor Hunnicutt and Eduardo Baptista; Writing by Eduardo Baptista; Editing by Edwina Gibbs)

Trump says Nvidia's high-end Blackwell chip did not figure in talks with China's Xi

GYEONGJU (Reuters) -U.S. President Donald Trump said on Thursday he did not discuss chipmaker Nvidia's state-of-art Blackwell artificial intelligence chip during talks with Chinese President Xi Jinping. He was walking back the previous day's remarks about potentially helping the company to export a scaled-down version of its current flagship GPU processor, a key component in the AI race. But Nvidia's hopes to get approval from the United States and China to sell a scaled-down version of its most powerful AI chip yet took a hit from Trump's comments on Thursday. "We're not talking about Blackwell chips," Trump told reporters aboard Air Force One, after leaving the meeting with Xi, their first since he returned to the White House. En route to South Korea on Wednesday, he said he might discuss the chip with the Chinese leader. (Reporting by Eduardo Baptista; Editing by Clarence Fernandez)