CX Briefing: Trump Teases China Sales for Advanced Nvidia Chips

A rundown of the news making headlines in and around China:

Advanced chip exports: Nvidia Corp. may get permission to sell its most advanced artificial intelligence (AI) chips to China, but it would have to be a scaled-back version of the technology. U.S. President Donald Trump signaled Monday that he’d be open to allowing Nvidia to sell its Blackwell chips if the company reduced its performance by “30% to 50%.” Trump made the comment at the White House while confirming a deal where Nvidia will give 15% of its China sales revenue from its H20 chips to the U.S. government. Washington recently reauthorized sales of the GPU-maker’s H20 AI chips to China, which are tailored for the Chinese market. The revenue-sharing agreement reflects Trump’s persistent effort to secure financial benefits for the U.S. in return for making trade concessions.