Nvidia’s resumption of AI chips to China is part of rare earths talks, says US

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Nvidia’s planned resumption of sales of its H20 AI chips to China is part of US negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday, and comes days after its CEO met President Donald Trump.

“We put that in the trade deal with the magnets,” Lutnick told Reuters, referring to an agreement Trump made to restart rare earth shipments to US manufacturers. He did not provide additional detail.

Nvidia said late on Monday that it is filing applications with the US government to resume sales to China of its H20 graphics processing…



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Nvidia’s resumption of AI chips to China is part of rare earths talks, says US


Nvidia’s planned resumption of sales of its H20 AI chips to China is part of US negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday, and comes days after its CEO met President Donald Trump.

“We put that in the trade deal with the magnets,” Lutnick told Reuters, referring to an agreement Trump made to restart rare earth shipments to US manufacturers. He did not provide additional detail.

Nvidia said late on Monday that it is filing applications with the US government to resume sales to China of its H20 graphics processing…



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.

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