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NVIDIA H20 GPU, Trade Negotiations with China
The U.S. government is reportedly granting licenses for NVIDIA to sell H20 GPUs to China, a move described by Treasury Secretary Scott Bessent as a "negotiating chip." The policy change aims to prevent a "digital belt and road" where Chinese manufacturers like Huawei substitute American technology. Bessent emphasized that Trump is using maximum pressure to reset trade in a fair manner for the American people.