President Trump is racking up some big wins while on his historic trip to China, one of which is that China will support Trump on Iran in whatever way he needs.
These wins are from Sean Hannity, who interviewed Trump while in China.
Watch below:
Another big win is that Nvidia will be allowed to sell AI chips to ten companies in China.
Via Reuters:
The U.S. has cleared around 10 Chinese firms to buy Nvidia’s second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the matter said, leaving a major technology deal in limbo as CEO Jensen Huang seeks a breakthrough in China this week.
The U.S. Commerce Department has approved around 10 Chinese companies including Alibaba (9988.HK), Tencent (0700.HK), ByteDance and JD.com (9618.HK) to purchase Nvidia’s (NVDA.O) H200 chips, according to the sources, who spoke on condition of anonymity due to the sensitivity of the matter.
A handful of distributors including Lenovo (0992.HK) and Foxconn (2317.TW) have also been approved, they said. Buyers are permitted to purchase either directly from Nvidia or through those intermediaries and each approved customer can purchase up to 75,000 chips under the U.S. licensing terms, two of them said.