Nvidia CEO Jensen Huang appears to have struck a deal with the Trump administration to avoid export restrictions on the company’s H20 AI chips.
The H20, the most advanced Nvidia-produced AI chip that can still be exported from the U.S. to China, was reportedly spared thanks to a promise from Huang to invest in new AI data centers in the U.S. According to NPR, Huang made the proposal during a dinner at Trump’s Mar-a-Lago resort sometime last week.
Nvidia declined to comment.
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https://techcrunch.com/2025/04/09/nvidias-h20-ai-chips-may-be-spared-from-export-controls-for-now/