• Latest
  • Trending
Nvidia’s market capitalization exceeds $3 trillion

Nvidia chips to be exclusively available to US companies

India raises rabi MSPs, boosting incentives for crop diversification

India raises rabi MSPs, boosting incentives for crop diversification

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide

Tech Mahindra to consider bonus share issue in upcoming board meet

Samsung Galaxy Tab S12 Ultra and Tab S12+ deliver powerful performance and Galaxy AI

Samsung Galaxy Tab S12 Ultra and Tab S12+ deliver powerful performance and Galaxy AI

Capgemini report: Life insurers face relevance challenge as consumers seek simpler guidance

Know all about IRDAI’s proposal to tighten insurance commissions and expenses

19 IPOs set to hit the Indian market this week

Subway operator ‘EverBrands India’ files draft prospectus for Rs 600 crore IPO

JSW Cement, Shiva Cement approve merger scheme to unlock synergies

JSW Cement, Shiva Cement approve merger scheme to unlock synergies

NYMEX Natural Gas futures post second monthly gain

NYMEX Natural Gas futures post second monthly gain

Rupee holds steady as inflation eases and manufacturing outlook improves : Kedia Stocks & Commodities Research

Rupee under pressure as crude oil, US yields and FPI outflows weigh on currency

Coforge appoints Akhil Kumar Gupta as new Chairperson

Coforge appoints Akhil Kumar Gupta as new Chairperson

Moneyview IPO allotment date and how to check status

Moneyview IPO allotment date and how to check status

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Friday, October 2, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Nvidia chips to be exclusively available to US companies

in News
Reading Time: 2 mins read
0
Nvidia’s market capitalization exceeds $3 trillion
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 3 Nov 2025

U.S. President Donald Trump said that Nvidia’s most powerful AI chips will not be sold to China or any other country but will be sold to U.S. companies only. In a recorded interview broadcast on CBS’s “60 Minutes” and in comments aboard Air Force One, Trump said that only U.S. customers would have access to Nvidia’s top-of-the-line Blackwell chips. Nvidia, currently the most valuable company in the world by market capitalization, manufactures such state-of-the-art semiconductors.

“The most advanced, we will not let anybody have them other than the United States,” Trump said, reaffirming to reporters as he headed back to Washington from Florida. “We don’t give the Blackwell chip to other people,” he said on the flight.

That would imply that Trump might put tighter restrictions on the export of cutting-edge American AI chips than U.S. officials had previously indicated-including potentially blocking China and other countries from acquiring state-of-the-art semiconductors.

In July, the Trump administration rolled out a new AI strategy that would loosen environmental regulations and vastly expand AI exports to allied nations, hoping to keep U.S. technology strides ahead of China’s.

Just last Friday, Nvidia announced it would supply over 260,000 Blackwell AI chips to South Korea, including to major companies like Samsung Electronics.

Trump also discussed the idea of approving an export license for a less sophisticated version of the Blackwell chip to be sold to China, an idea he first floated in August. While he ruled out permitting sales of the most advanced Blackwell chips to Chinese companies, he did not rule out the possibility of selling a scaled-down version of the chip. “We will let them deal with Nvidia but not in terms of the most advanced,” he said in the interview on “60 Minutes.”

This potential sale of any type of Blackwell chips to China has been met with concerned outrage from U.S. lawmakers, especially from critics who say it could further enhance China’s military and AI capabilities. Representative John Moolenaar, chairman of the House Select Committee on China, likened such a move to “giving Iran weapons-grade uranium.”

Trump had considered raising the matter of the chips with Chinese President Xi Jinping during their summit in South Korea last week, but later confirmed that the subject did not come up. Its chief, Jensen Huang, said Nvidia had not sought U.S. export licenses for shipment to China because Beijing had indicated it would refuse them. “They’ve made it very clear that they don’t want Nvidia to be there right now,” he told a developers’ event, adding that Nvidia still needs the Chinese market to finance its U.S. research and development.

Related Posts

NALCO pays record ₹2,112 crore dividend for FY26

NALCO pays record ₹2,112 crore dividend for FY26

0

DBT Bureau Pune, 29 Sep 2026 National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government...

ESDS Software Q1 profit rises 14%

ESDS Software Q1 profit rises 14%

0

Athira Sethu Kochi, 25 Sep 2026 Recently listed firm in cloud & AI domain ESDS Software Solution witnessed a growth...

Oil Marketing Companies face rising losses

Oil Marketing Companies face rising losses

0

Athira Sethu Kochi, 24 Sep 2026 Oil Marketing Companies (OMCs) are incurring huge losses as petrol and diesel prices have...

Redington may benefit from strong demand for new iPhones

Redington may benefit from strong demand for new iPhones

0

Athira Sethu Kochi, 21 Sep 2026 Redington is a crucial distributor of Apple products in India. The company distributes Apple...

India raises rabi MSPs, boosting incentives for crop diversification
Commodity

India raises rabi MSPs, boosting incentives for crop diversification

0

DBT Bureau Pune, 1 Oct 2026 The Indian Cabinet has approved higher minimum support prices for rabi crops for the...

Read moreDetails
Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27
Business

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

0

DBT Bureau Pune, 1 Oct 2026 Amid growing power demand, Coal India Limited (CIL) augmented its coal supplies by 12.5%...

Read moreDetails
Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme
Market

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

0

Athira Sethu Kochi, 1 Oct 2026 Stocks of companies related to power and electricity-related infrastructure of India gained focus on...

Read moreDetails
FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide
Market

Tech Mahindra to consider bonus share issue in upcoming board meet

0

Athira Sethu Kochi, 1 October 2026 Tech Mahindra Ltd. was in the news on Thursday, October 1. This is because...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.