US EditionSenate Republican ‘Concerned’ with Trump Approving Nvidia Chip Exports to China
The Trump administration approved Nvidia's H200 AI chip exports to China, taking a 25% cut of sales and allowing more advanced technology than previously permitted.
- This past week, President Donald Trump approved exports of Nvidia H200 chips to the People's Republic of China, with the U.S. government set to receive a 25% share of sales after Nvidia CEO Jensen Huang's lobbying.
- Market forces explain part of the move, as Nvidia's dominance in the 'Magnificent 7' influences investor behavior and aligns with Trump’s national-security trade strategies.
- Technical comparisons underscore the U.S. Department of Justice described H200 chips as essential for AI and military use, while Morgan Stanley found H20 performs 75% lower and the Institute for Progress rated H200 nearly six times stronger.
- Senators immediately vowed opposition as Sen. Lindsey Graham and Sen. Josh Hawley pledged to block the export allowance citing national-security risks, while conservative critics and legal observers warned it breaches principles and may be unconstitutional.
- Analysts warn China gaining H200 chips will transform AI, while Nvidia investors sent shares nearly 4% lower from the Dec. 8 closing bell.
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Senate Republican ‘concerned’ with Trump approving Nvidia chip exports to China
Republican Sen. Dave McCormick (Pa.) is not fully on board with the Trump administration permitting Nvidia to sell its H200 chips in China. “I’m concerned. I’m not clear on why that is the right path for us,” McCormick said Wednesday at the Aspen Security Forum. The Pennsylvania senator added that while Nvidia CEO Jensen Huang…
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