U.S. President Donald Trump said Nvidia’s (NVDA) Blackwell chip for AI would not be available for “other people,” Alexandra Alper of Reuters reports. Many have wondered if Trump would allow shipments of a version of Blackwell to China after he suggested he might allow a scaled-down version in China, but recent remarks suggest his administration is not inclined to grant broad overseas access to the chip. “The new Blackwell that just came out, it’s 10 years ahead of every other chip,” Trump told reporters. “But no, we don’t give that chip to other people,” he added, according to Reuters.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Super Micro Computer (SMCI) Is About to Report Q1 Earnings. Here’s What to Expect
- ‘Stay Long Nvidia Stock’: Bank of America Weighs In Following GTC
- JPMorgan Expects Nvidia (NVDA), Other Chip Stocks to Gain from Elevated AI Spending
- AMD Stock Jumps 60% on OpenAI Deal, Then Slips after Mixed Earnings
- Nvidia CEO Jensen Huang Sells $1 Billion in Stock as AI Boom Lifts Shares to Record Highs