Trump said Monday that he has cut a deal with chipmaker Nvidia, allowing it to sell certain artificial intelligence chips to China in exchange for a cut of the revenue, which would go to the U.S.

Nvidia CEO Jensen Huang says that the company will be granted the licenses required to export its H20 AI chips to Chinese customers. The company was losing a chunk of revenue because of the ...

Nvidia will have to give the U.S. government 25% of the revenue it derives from sales of its new H200 AI chip to customers in China. This cut is higher than the 15% of revenue from sales of the H20 ...

In a probably-predictable twist of geopolitical irony, America’s effort to block China’s access to cutting-edge AI chips hasn’t succeeded in stifling the People’s Republic — but instead forged a more ...

Nvidia CEO Jensen Huang has been vocal about his view that China is not far behind the U.S. in the artificial-intelligence race. As Nvidia pushes to sell its artificial-intelligence chips in China ...

Sales to China have been under scrutiny for some years, and as export regulations tightened, shipments of H20 chips were halted to China over security concerns. The U.S. has now technically approved ...