Nvidia shares rose 1.2% in after-hours trading after Trump made the announcement on Truth Social, having closed 3.16% higher after Semafor first reported the possibility of approval. Trump said the U.S. Commerce Department was finalizing details of the arrangement and the same approach would apply to other AI chip firms such as Advanced Micro Devices and Intel . Advertisement“We will protect National Security, create American Jobs, and keep America’s lead in AI,” Trump wrote on Truth Social. “After his backroom meeting with Donald Trump and his company’s donation to the Trump ballroom, (Nvidia) CEO Jensen Huang got his wish to sell the most powerful AI chip we’ve ever sold to China,” Warren said in a statement. CHINA EYES POTENTIAL SECURITY RISKSChina’s cybersecurity regulator summoned Nvidia to a meeting to explain whether its H20 AI chip had any backdoor security risks, an allegation Nvidia has denied, Reuters reported in August.

Source: Huffington Post December 09, 2025 04:33 UTC