Trump Blocks Nvidia’s China Chip Push Amid National Security Concerns

Benzinga

Nvidia CEO Jensen Huang’s efforts to maintain AI chip sales to China met resistance from Trump’s advisers, who warned of national security risks ahead of Trump’s meeting with Xi Jinping. Huang urged continued market access, but U.S. officials compared the AI competition to a modern Cold War.

Transcript

00:00It's Benzinga bringing Wall Street to Main Street.

00:02NVIDIA CEO Jensen Huang's push to sell advanced black wall AI chips to China faced resistance

00:07from Trump's top advisors ahead of his meeting with Chinese leader Xi Jinping in South Korea.

00:12And according to the Wall Street Journal, Trump decided not to raise the issue with Xi,

00:15marking a setback for Huang, whose lobbying aims to preserve access to the Chinese market

00:20were tens of billions of dollars. Officials, including Secretary of State Marco Rubio,

00:24warned Trump that approving exports would endanger national security

00:27by strengthening China's AI data centers.

00:30When I said Trump's decisions are guided solely by America's interests,

00:34while NVIDIA's Jensen Huang are maintaining access to China on behalf of the world's AI researchers.

00:39House Select Committee on China condemned Jensen Huang's remarks is dangerously naive

00:43during the AI race to the Cold War nuclear arms race.

00:46For all things money, visit Benzinga.com.

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