The Trump administration wants to encourage Chinese companies to use Nvidia’s H200 chip while limiting sales of the company’s newest chips, known as Blackwell.
John Giannandrea, hired from Google, is leaving after the release of a new Siri was postponed. Apple has fallen behind rivals in efforts to develop A.I. products.
David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.
The company, which makes the computer chips essential to the artificial intelligence boom, also said revenue in its recent quarter rose to $57 billion.
Over the last 10 months, President Trump has become close with Jensen Huang, Nvidia’s chief executive, as the company’s chips have become a tool in trade and peace talks.
In April, Jensen Huang, chief executive of Nvidia, announced at a White House news conference that Nvidia and its suppliers would invest $500 billion in U.S. manufacturing.
An executive of a Singaporean firm called Megaspeed socialized with Nvidia’s Jensen Huang. Now the company is being scrutinized by U.S. officials for its ties to China.
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