The Chip Conundrum: China's Stand on American Tech Remains Firm Despite the recent Beijing summit between Donald Trump and Xi Jinping, the US China tech standoff appears to be far from over.
Nvidia CEO Jensen Huang's invitation to join the presidential entourage had sparked hopes of a breakthrough, but it seems the problem lies deeper than just bureaucratic hurdles.
The approval by the US Commerce Department of 10 Chinese firms to import Nvidia's H200 chip was seen as a major concession by Washington.