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Howard Lutnick says he's fine with Nvidia selling its 'fourth best' AI chips to China

  • Commerce Secretary Howard Lutnick stated that the Trump administration allows Nvidia to sell its 'fourth best' AI chips in China.
  • Nvidia received assurances from the administration to resume selling its H20 chip designed specifically for China, despite being technologically inferior.
  • Lutnick mentioned that Nvidia sells three other chips superior to the H20, with plans for even more powerful chips in the future.
  • The administration believes that allowing China access to AI chips will benefit the US by making China reliant on American technology.

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