Trump says he will allow Nvidia to sell some AI chips in China

President Donald Trump said the United States would permit NVIDIA to ship its H200 AI chips to approved customers in China, effectively ending an export ban.

President Donald Trump said Monday that he has informed Chinese President Xi Jinping that "the United States will allow NVIDIA to ship its H200 products to approved customers in China."

Nvidia's H200 is a generation behind its latest Blackwell chip, which is considered among the most advanced and high-powered AI chips available anywhere.

Trump said the Blackwell chip would not be part of the deal.

Still, the move could be worth billions of dollars for Nvidia, the world's most valuable company. Nvidia says it has more than $500 billion worth of orders for its best artificial intelligence chips to fulfill this year and next — and that's before any buyers in China are factored in.

Trump said he will also allow Intel, AMD "and other great American companies" to sell similar chips to customers in China. "The Department of Commerce is finalizing the details," he said.