Trump Says China Has Not Approved NVDA H200 Chip Purchases Yet — 'They Want To Develop Their Own'

President Donald Trump on Friday said that China has not yet approved purchases of Nvidia Corp.’s (NVDA) H200 AI chips because it chose not to do so.

According to a Bloomberg report, President Trump told reporters aboard Air Force One that Nvidia’s H200 chips did come up during the two-day state visit to China.

He said that China hasn’t approved H200 purchases yet, “because they chose not to, they want to develop their own. But it did come up, and I think something could happen on that.”

Nvidia shares fell nearly 2% in Friday’s pre-market trade. NVDA was among the top trending tickers on Stocktwits at the time of writing.

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