U.S. President Donald Trump gestures as he attends a roundtable discussion on the day he announced an aid package for farmers, at the White House in Washington, D.C., U.S., Dec. 8, 2025.
Jonathan Ernst | Reuters
President Donald Trump on Monday said the United States will allow tech giant Nvidia to ship its H200 artificial intelligence chips to “approved customers” in China and elsewhere, under a set of conditions.
Chinese President Xi Jinping “responded positively” to the proposal, Trump wrote in a Truth Social post.
Trump’s post appeared to state that 25% of the chips sales will be paid to the U.S. government as part of the deal, which the president said allows “for continued strong National Security.”
The White House did not immediately respond to CNBC’s request for clarification.
This is breaking news. Please refresh for updates.