NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. Michel Euler/AP
Michel Euler/AP
The U.S. government will take 15% of the revenue that chipmaker Nvidia pulls in from sales in China of its H20 microchip, which is used in the development of artificial intelligence, President Trump said on Monday.
At a news conference at the White House, Trump said Nvidia CEO Jensen Huang asked for restrictions on exports to be eased so that Nvidia could sell H20s into the Chinese market.
“And I said if I’m going to do that I