Trump administration backs off Nvidia’s H20 chip crackdown after Mar-a-Lago dinner: Report

Share via:


The Trump administration has reversed course on plans to restrict exports of Nvidia‘s H20 artificial intelligence chips to China after CEO Jensen Huang attended a Mar-a-Lago dinner last week, NPR reported on Wednesday.

The planned American export controls on the chips – the most advanced AI processor legally available in China under U.S. export controls – had been in the works for months, NPR reported, citing two sources, and were ready to be implemented as soon as this week.

The change in plans came after Nvidia promised the Trump administration new…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Trump administration backs off Nvidia’s H20 chip crackdown after Mar-a-Lago dinner: Report


The Trump administration has reversed course on plans to restrict exports of Nvidia‘s H20 artificial intelligence chips to China after CEO Jensen Huang attended a Mar-a-Lago dinner last week, NPR reported on Wednesday.

The planned American export controls on the chips – the most advanced AI processor legally available in China under U.S. export controls – had been in the works for months, NPR reported, citing two sources, and were ready to be implemented as soon as this week.

The change in plans came after Nvidia promised the Trump administration new…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Quick commerce fires up record discounts with rivals getting...

The rapid expansion of online retailers Amazon and...

US SEC clears Trump media firm for bitcoin purchases

TMTG has raised around US$2.3 billion from 50...

‘Indian income tax sleuths have no way to tax...

Indian tax authorities are staring at a growing...

Popular

Upcoming Events

dafgjgbnvsax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax dasax