AI News
Nvidia, AMD to Resume AI Chip Sales to China in US Reversal
Nvidia reportedly plans to resume sales to China that’s become part of a global race pitting the world’s biggest economies against each other. The company’s announcement on Monday comes after Nvidia CEO Jensen Huang met with President Donald Trump at the White House last week.
AMD AI Chip Plan For China
AMD also planning to restart sales of its AI chips to China. “We were recently informed by the Department of Commerce that license applications to export MI308 products to China will be moving forward for review,” the company said in a statement to CNN. “We plan to resume shipments as licenses are approved. We applaud the progress made by the Trump Administration in advancing trade negotiations and its commitment to US AI leadership.”
Treasury Secretary Scott Bessent told Bloomberg in an interview Tuesday that the Nvidia export controls have been a “negotiating chip” in the larger US-China trade talks, in which the two countries have made a deal to lower tariffs charged on one another.
The same day Commerce Secretary Howard Lutnick said that the resumption of Nvidia’s AI chip sales to China was part of the trade agreement with Beijing on rare earths. “We put that in the trade deal with the magnets,” he told Reuters, referring to rare earth magnets.
“In order for America to be the world leader, just like we want the world to be built on the American dollar, using the American dollar as a global standard, we want the American tech stack to be the global standard,” Huang told CNN’s Fareed Zakaria in an interview that aired Sunday. “We love that the internet is created by American technology and is built on American technology, and so we should continue to aspire to that.”
