The US authorizes Nvidia to export its H200 chips to China, with a 25% tax
Donald Trump announced that Nvidia will be able to sell its AI chips H200 to China, in exchange for a 25% import tax. A decision that draws mixed reactions in Washington.
The announced rate, higher than the 15% planned in August, will be applied to Taiwan, where the chips are manufactured, before security checks in the United States, then shipment to China.
The announcement immediately impacted the market, with the Nvidia stock rising 2% after Wall Street closed, after previously gaining 3% intraday, buoyed by rumors of the deal. According to Trump, Chinese President Xi Jinping welcomed the decision.
The US Department of Commerce is still finalizing the terms of the agreement, which could also affect other AI chipmakers, such as AMD and Intel. This measure cuts through a fundamental debate: should the United States continue selling chips to China or restrict exports to preserve American technological supremacy?
Some lawmakers, notably among Democrats, condemn the decision as "dangerous" on economic and security grounds. Experts note that the H200 is nearly six times more powerful than the H20, currently the most advanced chip exportable to China. However, it remains less capable than the Blackwell models, reserved for the American market and used for training and deployment of AI systems.
NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows:
- computing and networking solutions (89%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.;
- graphics processors (11%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms.
Net sales break down by industry between data storage (88.3%), gaming (8.7%), professional visualization (1.4%), automotive (1.3%) and other (0.3%).
Net sales are distributed geographically as follows: the United States (46.9%), Singapore (18.2%), Taiwan (15.8%), China and Hong Kong (13.1%) and other (6%).
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