In a letter Monday to Department of Commerce Secretary Howard Lutnick, 20 policymakers and professionals with a background in national security policy urged Trump to reverse course and block exports of Nvidia's H20 chips to China.

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.

President Trump has admitted he threatened to break up Nvidia, despite not knowing who Jensen Huang was and having never heard of the company before.

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

Nvidia's China revenue may return, but recovery faces challenges. Explore market insights on valuation, growth, and impact of alternatives.

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.”

President Trump said he hadn’t heard of NVIDIA before learning about its AI dominance, but later praised CEO Jensen Huang as “amazing.”

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.