Nvidia’s Blackwell AI chip “not for others,” Trump declares

Donald Trump said the United States will keep Nvidia’s most advanced Blackwell AI chips inside the country and away from China and ￰0￱ during a recorded CBS 60 Minutes interview and again to reporters on Air Force One, Trump said the strongest version of the Blackwell chip should be for ￰1￱ only. “The most advanced, we will not let anybody have them other than the United States,” he said. “We don’t give the Blackwell chip to other people.” This signals tighter controls on high-end ￰2￱ ￰3￱ move could go beyond what officials had previously ￰4￱ would lock China and others out of the highest-performing ￰5￱ chips are core to training powerful AI ￰6￱ are also linked to national security ￰7￱ comes after the Trump administration introduced a new AI blueprint in July aimed at maintaining ￰8￱ over ￰9￱ plan included expanding AI exports to ￰10￱ and loosening environmental regulations to speed ￰11￱ draws the line on China There has been debate since August about whether a stripped-down version of the Blackwell chip might still be allowed for ￰12￱ addressed that ￰13￱ said he would not approve the most advanced Blackwell chips for Chinese ￰14￱ he said there may be room for China to access a less capable version.

“We will let them deal with Nvidia but not in terms of the most advanced,” he said in the 60 Minutes ￰15￱ difference is ￰16￱ version can drive next-generation AI ￰17￱ other is ￰18￱ policy critics in Washington attacked the idea of allowing any version to ￰19￱ Congressman John Moolenaar, who chairs the House Select Committee on China, compared allowing even scaled-down chips to giving dangerous material to a hostile ￰20￱ said it “would be akin to giving Iran weapons-grade uranium.” These critics believe any access could accelerate China’s military and AI ￰21￱ had suggested earlier he might discuss the issue with China’s President Xi Jinping at a summit in South ￰22￱ he said the topic did not come ￰23￱ itself has also not requested ￰24￱ licenses for ￰25￱ Huang, Nvidia’s CEO, said China has made its position clear.

“They’ve made it very clear that they don’t want Nvidia to be there right now,” Huang ￰26￱ noted Nvidia still needs China revenue to support research and development work based in the United ￰27￱ Korea gets major supply deals While China is not getting the advanced version, South Korea is getting a large ￰28￱ announced it will provide more than 260,000 Blackwell chips to South Korean companies, including Samsung ￰29￱ follows Huang’s visit to Seoul, where he met Samsung Chairman Jay ￰30￱ and ￰31￱ visit played into market ￰32￱ Kospi Index had already surged 20% in October, the strongest monthly rally since ￰33￱ climbed again in early November, reaching record ￰34￱ moved heavily into companies linked to Nvidia’s supply ￰35￱ Hynix shares rose as much as 10% after analyst Han Dong-Hee at SK Securities more than doubled his price ￰36￱ said the sector needs a new way to evaluate chipmakers.

“With a new paradigm, we need a new multiple,” wrote ￰37￱ rally also lifted HD Hyundai Electric and robotics and self-driving firms expected to benefit from wider AI ￰38￱ a premium crypto trading community free for 30 days - normally $100/mo.