Trump Negotiates Chip Export Terms with Nvidia and AMD, Restricts Advanced AI Tech to China

Former President Donald Trump revealed he initially demanded 20% of Nvidia's China sales as a condition for approving export licenses, a figure later negotiated down to 15% following discussions with CEO Jensen Huang. The agreement allows Nvidia to resume shipments of its China-specific H20 AI chip, which Trump dismissed as "obsolete" compared to its cutting-edge Blackwell processor.

Advanced Micro Devices will pay the same 15% rate for exporting its Instinct MI308 chip under similar terms. TRUMP emphatically blocked unrestricted Blackwell exports, stating any China-bound units would require performance reductions of 30-50%. "The Blackwell is super-duper advanced," Trump remarked, claiming global competitors wouldn't match its capabilities for five years.

The measures reflect escalating tech containment efforts, permitting commercial competition while preventing Chinese access to frontier AI hardware. No cryptocurrency exchanges or digital assets were mentioned in the semiconductor policy announcement.