To people following the Trump administration and its seemingly unending announcements and reversals of trade restrictions, this might not sound like much of a blockbuster. So President Donald Trump wanted to ban some trade and a CEO got him to change his mind (perhaps with some help from Chinese government promises on rare earth metals). What could be more classically Trump?
But there's more going on here than just that. Huang was effectively announcing that a massive American effort, going on for nearly three years, to deprive China of the chips needed to build advanced AI systems, is over, or at best on pause. The high-tech chip export control regime built up and expanded by the Biden administration, and enforced largely intact by Trump's team, now has a loophole in it large enough to drive a self-driving truck through…
https://www.vox.com/future-perfect/419791/trump-nvidia-h20-china-ai-chip

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