President Trump announced Monday he will allow California-based Nvidia to sell its advanced H200 computer chips to "approved customers" in China, a boost to the semiconductor giant whose chips are widely used for artificial intelligence.

The United States will take a 25% cut of chip sales to China, the president said in a Truth Social post.

The deal does not include Nvidia's more advanced Blackwell system or its soon-to-be-released Rubin system, Mr. Trump said.

He said he informed Chinese President Xi Jinping of his decision, and the Chinese leader "responded positively." The sales will be carried out "under conditions that allow for continued strong National Security," Mr. Trump added.

Details are being finalized by the Department of Commerce, according to Mr. Trump, who said "t

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