News Summary

In a surprising move, President Trump has reversed the earlier ban on Nvidia’s H20 chip sales to China, opting instead for a deal that allows the sales in exchange for a 15% revenue share to the U.S. government. This decision contrasts with previous restrictions aimed at preventing China from gaining advanced AI technology. While the H20 is considered obsolete compared to other chips, its sale still holds significance in the ongoing U.S.-China trade tensions. The deal has sparked debate, with critics arguing that it compromises U.S. national security and economic interests in AI development.