Trump tariffs live updates: Trump says China, others can't have Nvidia's top AI chips

[William Seger]

Source: yahoo/finance

President Trump said on Sunday that the most advanced Nvidia (NVDA) chips will be reserved for US companies and kept out of China and other countries.

In comments to reporters aboard Air Force One, Trump said only US customers will have access to high-quality Nvidia Blackwell chips.

"The most advanced, we will not let anybody have them other than the United States," Trump said.

The White House released a fact sheet this weekend with more details about the trade agreement ironed out between Trump and China's President Xi Jinping in South Korea last week,

Read more: https://finance.yahoo.com/news/live/trump-tariffs-live-updates-trump-says-china-others-cant-have-nvidias-top-ai-chips-162418691.html

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... subject to tomorrow's whims, of course. Certainly, no sane world leader trusts anything #rump says.

[William Seger]

1. Other details of the deal

The US tariff on goods related to the production of fentanyl will drop from 20% to 10% with a promise China would work "very hard to stop the flow." That means overall tariffs on Chinese goods will be cut to 47% from 57%.

Trump said China would purchase more US energy as part of a wider trade truce, and hinted at an unspecified transaction involving Alaskan oil and gas.

China will resume buying "tremendous amounts" of US soybeans "starting immediately," Trump said.

[RockRaven]

2. There is robust smuggling of GPUs already, this will just mean more of the same,

but won't actually stop anyone from getting those chips.

[Cheezoholic]

5. Yes and related PC RAM prices have skyrocketed over the last 90 days due to datacenter demand

A kit I bought for $99 in late Sept is going for $225 now. Fat cats get theirs we get fucked.

[intheozone]

3. Yahoo Finance today has article about chips going to UAE

this story is up today, https://finance.yahoo.com/news/microsoft-ship-60-000-nvidia-154409759.html. Are these the same chips TSF is now saying will be reserved for us? Or are the going to UAE as payback for his fucking "free" golden jet (the one that is going to cost hundreds of millions, if not a billion, to retrofit for his fucking use?)

[William Seger]

4. Yep, same chip, but #rump lacks enough human intelligence to be consistent

Maybe he ought to keep a few thousand of those chips for himself — wasn't Muskrat working on a brain interface?

[BlueWavePsych]

6. Kick

[hunter]

7. It's going to suck for Nvidia when China shows up with something better.

Artificial Intelligence is brute force at this point -- bigger hammers, bigger nails, more money, more energy use.

There's no reason it has to be that way.

We're still in the Thomas Newcomen steam engine days of AI.