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.
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.
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.
Jensen Huang, the Nvidia chief executive, and the leaders of Samsung and Hyundai staged a regular-folks outing in Seoul before announcing a business deal.
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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