The United States will permit Nvidia to export its H200 artificial intelligence (AI) chips to China, U.S. President Donald Trump announced on Monday. Each chip will be sold with a fee collected by the U.S. government. The approval was first reported by Semafor and later confirmed by Trump on his social media platform, Truth Social. Following the announcement, Nvidia shares rose 1.2% in after-hours trading, building on a 3.16% gain during the day.

How did China react?

Trump said he personally informed Chinese President Xi Jinping about the decision, and Xi “responded positively.” This development comes after the two leaders brokered a truce on trade and technology tensions in Busan, South Korea, in late October. The move is seen as a middle ground: the U.S. will not send its newest Blackw

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