Trump Bans Nvidia from Supplying AI Chips to DeepSeek and Others
Trump bans Nvidia AI chips to China, hitting $5.5B revenue. NVIDIA CEO meets Chinese officials, vows compliance amid US restrictions.
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The Trump administration has banned the sale of AI chips such as the H20 to China without a license.
Future related sales will also require a license, marking the Trump administration's first significant restriction on overseas semiconductor sales, strengthening rules previously set by the Biden administration.
Due to this policy, NVIDIA's stock plummeted by approximately 5%, and quarterly revenue is expected to decline by $5.5 billion due to the inability to sell as planned.
Yesterday, NVIDIA CEO Jensen Huang suddenly appeared in Beijing.