Nvidia has ordered 300,000 H20 chips from Taiwan’s TSMC after U.S. President Donald Trump lifted restrictions that blocked the company from selling those chips to Chinese buyers, according to Reuters.

President Donald Trump said he considered attempting to break up Nvidia Corp. to increase competition in artificial intelligence chips before finding out “it’s not easy in that business.”

The letter states that allowing sales of the H20 AI chip to China could hurt the U.S.'s AI "edge" and further chip bottlenecks in the U.S.

Nvidia CEO Jensen Huang declared that President Donald Trump gives America a 'unique advantage' in the race to develop AI.

Nvidia was gaining after Google raised its capital expenditure forecast and President Donald Trump signed executive orders to boost AI deployment.

Nvidia CEO Jensen Huang noted the connection between energy policy and AI leadership, saying Trump's pro-energy stance as essential for America's artificial intelligence future.

In a recent episode of the AI Investor Podcast (embedded above), host Austin Smith and technology analyst Eric Bleeker discussed the implications of the Big Beautiful Bill on the tech industry, particularly regarding artificial intelligence and domestic manufacturing.

Trump’s late-July AI action plan effectively rolled back export restrictions on Nvidia’s H200 chips while loosening permitting rules for AI data centers. Huang called it a “critical tailwind” for keeping America’s AI edge.

At least $1 billion in Nvidia computer chips were smuggled into China in the three-months span after President Trump imposed export controls on the cutting-edge chips, according to a bombshell