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Trump’s Iron Wall: Blocking Nvidia AI Chips to China

Summary by WebProNews
In a decisive move underscoring the escalating U.S.-China tech rivalry, the Trump administration has firmly rejected Nvidia Corp.’s pleas to relax export restrictions on advanced AI chips to China. This decision came amid high-stakes talks between President Donald Trump and Chinese leader Xi Jinping, where White House officials advised against broaching the topic, prioritizing national security over commercial interests. Nvidia CEO Jensen Huang …
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The U.S. authorities stopped at the last minute a deal to export advanced Nvidia chips to China, valued at tens of billions of dollars. *** Trump withdrew the issue of the meeting with Xi after strong opposition from his advisors. The White House fears that Blackwell chips will strengthen China’s artificial intelligence capability. Jensen Huang insists on opening the Chinese market, despite growing political tensions. Trump blocks Nvidia chip ex…

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According to Talouslehti, Nvidia's attempts to obtain export permits to China fell through due to opposition from Trump's key advisors.

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Tärkeimmät talousuutiset | Kauppalehti… broke the news in on Monday, November 3, 2025.
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