🔥Hot news: The U.S. Department of Commerce gives the green light for Nvidia to export H200 chips to China - Coin AI is ready to take off!

Nvidia's advanced AI chips could soon return to the Chinese market after a long period of restrictions...

Nvidia will be allowed to export AI H200 chips to "approved customers" in China and some other markets, provided that the U.S. retains 25% of the revenue.

Mr. Trump stated that the new policy "will support jobs in the U.S., strengthen domestic manufacturing capabilities, and benefit taxpayers." He also mentioned that the Department of Commerce is finalizing detailed regulations, and "a similar approach will apply to AMD and many other leading tech companies in the U.S."

Nvidia's stock rose in early Monday trading after news that the U.S. Department of Commerce approved the sale of H200 to China, but then dropped back. After-hours trading saw the stock still up about 2%.

Source: Summary

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