China, Trump and NVIDIA
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In a stunning about-face that has left the tech industry reeling, US President Donald Trump has abruptly lifted export restrictions on H20 AI chips to China—effectively erasing months of stringent semiconductor sanctions overnight.
President Donald Trump said late Tuesday that new tariffs on semiconductors could be coming soon. Wedbush analysts said his stance could soften.
Some U.S. are holding up efforts to finalize a deal that would let the UAE buy billions of dollars of Nvidia’s AI chips due to national-security concerns.
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