Senator Warren Statement on Trump Admin’s Reported Decision to Approve Licenses for Nvidia to Sell the H20 to The People’s Republic of China
Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement on the Trump Administration’s reported decision to approve licenses for Nvidia to sell the H20 in the People’s Republic of China:
“It is shameful that even as American companies, small businesses, and universities wait months, if not years, to acquire chips for developing artificial intelligence, Nvidia and the Trump Administration are prioritizing sending these chips to the People’s Republic of China. Advanced chips are critical to our national security, and the Trump Administration rightfully banned Nvidia from shipping the H20 chip to the PRC just three months ago. Yet, true to form, the Trump Administration is now reversing itself and appeasing Nvidia’s CEO who attended the $1-million-dollar-a-head dinner at Mar-a-Lago in April and looking to cash in on the China market.
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