Commerce secretary Howard Lutnick said the US’s reversal of restrictions on sales of chips to China followed recent trade negotiations with Beijing over rare earths. President Donald Trump curbed exports of Nvidia’s H2O artificial intelligence chips to China in April as part of an escalation of his trade war with Beijing.

Commerce Secretary Howard Lutnick explained the Trump administration's turnabout in assuring Nvidia that it [can sell its H20 artificial-intelligence chip](

Moolenaar demands answers from Commerce Secretary The Republican chair of the US House Select Committee on China has protested the Trump administration's decision this week to lift restrictions on the sale of Nvidia H20 GPUs and similar processors,

Rep. John Moolenaar (R-Mich.), chair of the House Select Committee on the Chinese Communist Party, is pushing back on the Trump administration’s decision to allow technology company Nvidia to sell certain artificial intelligence (AI) chips to China once again.

Critics have slammed the White House's anticipated move to loosen AI chip exports as ceding leverage to the U.S. rival.

WASHINGTON] The Trump administration’s decision allowing Nvidia to resume shipments of its H20 artificial intelligence chips to China risks bolstering Beijing’s military capabilities and expanding its capacity to compete with the US in AI,

Separately, stock in Dutch chip company ASML was falling sharply Wednesday after the company cut its outlook, blaming trade wars and tariffs for lower demand.

Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.