Commerce Secretary Lutnick says China is only getting Nvidia’s ‘4th best’ AI chip
Publishing timestamp: 2025-07-15 17:30:24
Summary
Commerce Secretary Howard Lutnick explained that the Trump administration reversed course on allowing Nvidia to sell its AI chips to China in order to keep Chinese companies addicted to American technology. Nvidia will only be selling China its "fourth best" chip. The reversal is seen as a major win for Nvidia, as it opens up the Chinese market for them.
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Keywords: business news, nvidia corp, donald trump, business, howard lutnick, technology, breaking news: technology, donald j. trump, apple inc, mobile, china,