President Donald Trump announced that Nvidia's advanced artificial intelligence (AI) chip, Blackwell, will only be available to firms in the United States (US) and will not be given to China or other countries.
In an interview with the 60 Minutes program and his remarks to reporters on board Air Force One, Trump insisted that the most advanced and powerful chips will only be available to America.
The statement suggests that the Trump administration may tighten export controls on advanced American semiconductor chips that were previously allowed to some trading partners.
This is likely to provoke China's displeasure with Trump's technology restrictions.
Trump also said that less advanced versions may be exported to China, but that the "top Blackwell model" will remain under US control.
Market reactions and technology observers warned that the move could make it difficult for companies like Nvidia in the Chinese market but also highlighted how AI chips are now directly linked to national security policy and geopolitical technological competition.
For China, this move is seen as an additional obstacle in its efforts to develop its domestic AI sector and become less dependent on imported technology.
Meanwhile, for America, this move signals a commitment to maintaining its lead in chips and AI.
