A post by @FirstSquawk on X.
BESSENT SAYS IT WAS CLEAR CHINA SHOULDN'T GET ANY CHIPS ABOVE H100S
@FirstSquawk on X
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U.S. Treasury Secretary Scott Bessent said it was clear that China should not receive any Nvidia chips above the H100 tier, signaling a firm ceiling on advanced AI semiconductor exports to Beijing. The remark draws a sharper line than existing export controls, which have already restricted sales of Nvidia's top-end accelerators to Chinese buyers. It matters because Nvidia's data-center revenue depends heavily on demand from Chinese customers, and the H100 threshold defines which parts of its lineup remain accessible there. Watch for formal Commerce Department rule updates and any Nvidia guidance on China-related revenue.
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Named in this story
China, Bessent, Nvidia H100