Resuming the sale of lower-end Nvidia chips to China to prevent the acceleration of the Chinese regime’s domestic chip innovation is in the United States’ strategic interests, according to a top economic adviser to President Donald Trump.
“After very, very careful scrutiny of all the factors that President Trump and his team decided to let the Nvidia chips go,” Kevin Hassett, director of the National Economic Council, said in a July 30 interview on Fox News.
Nvidia said two weeks ago that it received assurance from federal regulators that it will get the licenses needed to resume sales to China of its H20 graphics processing units. The company was ordered to halt the export of H20s in April, during a period when Washington and Beijing were engaged in an intense exchange of tariffs and trade restrictions….
White House Adviser Defends Nvidia Chip Sales to China Amid Bipartisan Skepticism
