Nvidia Cannot Sell Its Most Advanced AI Chip To China, White House Says

Reuters11-05

WASHINGTON, Nov 4 (Reuters) - The Trump administration is not planning to allow Nvidia NVDA.O to sell its most advanced AI chip, known as the Blackwell, to China right now, the White House said on Tuesday.

Nvidia shares dropped 4% on Tuesday.

"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 at the White House.

The remarks echoed comments made by President Donald Trump on Sunday, when he declared that the most advanced chips made by the world's most valuable company would be reserved for U.S. companies and kept out of China and other countries.

Questions had swirled about whether Trump would allow shipments of a scaled-down version of the Blackwell chip to China since August, when he suggested he might allow such sales.

Trump had hinted he might discuss the chips with Chinese President Xi Jinping at their summit in South Korea last week, but ultimately said the topic did not come up.

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Comments

  • neo26000
    11-05
    neo26000
    Business news: where every expert is a prophet—retroactively.
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