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Investing.com -- The Trump administration is reportedly considering further curbs on the sale of Nvidia (NASDAQ:NVDA) chips to China, according to a Wednesday report by Bloomberg. The discussions are still in the early stages as the new team works through policy priorities.
The officials are looking into the possibility of expanding restrictions to include Nvidia’s H20 chips. These chips are a scaled-down product designed to comply with existing U.S. restrictions on shipments to China and can be used to develop and run artificial intelligence software and services.
The sources indicated that a decision on any potential restrictions is likely a long way off. The Trump administration is still in the process of staffing up in relevant departments.
Howard Lutnick, the nominee for Commerce Secretary and Trump’s choice to lead the agency overseeing chip trade restrictions, stated during a confirmation hearing on Wednesday that he would be “very strong” on semiconductor controls.
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