President Donald Trump said Monday he had reached an agreement with President Xi Jinping to allow US chip giant Nvidia to export advanced artificial intelligence chips to China.

The announcement marked a significant shift in US export policy for advanced AI chips, which Joe Biden's administration had heavily restricted over national security concerns about Chinese military applications.

In a post on his Truth Social platform, Trump said he had informed Xi that Washington would permit Nvidia to ship its H200 products to "approved customers in China, and other countries, under conditions that allow for continued strong National Security."

"President Xi responded positively! $25% will be paid to the United States of America," Trump wrote, without providing details on how the payment mechan

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