A post by @DeItaone on X.
LUTNICK STALLED TRUMP'S NVIDIA–CHINA CHIP CURBS AFTER OVAL TALKS- AXIOS
@DeItaone on X
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Commerce Secretary Howard Lutnick delayed the Trump administration's planned restrictions on Nvidia chip exports to China following discussions at the Oval Office, according to an Axios report relayed by Walter Bloomberg. The hold postpones curbs that would have tightened limits on advanced AI processors Nvidia sells into the Chinese market, a key revenue source for the chipmaker. The delay signals internal disagreement over how aggressively to restrict semiconductor flows to China. Investors should watch for the final scope and timing of the rules, and for Nvidia's guidance on China-related revenue.
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Nvidia (NVDA), Howard Lutnick, China, Donald Trump, Axios
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