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Trump's Stand: No Deal with Nvidia on Chinese GPU Sales

News Snapshot:

In a notable announcement, U.S. President Donald Trump indicated on Monday his hesitation to broker a deal with Nvidia for selling their next-generation GPU in China. Nvidia, a leading American AI chip company, is spearheaded by CEO Jensen Huang. Trump mentioned Nvidia's latest technology, stating, "Jensen also has the new chip, the Blackwell." While expressing reluctance, Trump has not entirely dismissed the idea, suggesting it remains possible under certain circumstances. This development could significantly impact Nvidia's international business strategy, especially concerning sales in the Chinese market, where advanced GPU technology is in high demand.

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