On November 3, 2025, during an interview on CBS's renowned program '60 Minutes' and while aboard Air Force One, former U.S. President Trump made it clear that NVIDIA's cutting-edge Blackwell AI chips would be reserved solely for U.S. companies. He stated that China, along with other countries, would be barred from accessing these chips. Trump underscored the significance of this technology, asserting that this chip is a decade ahead of its global counterparts, yet it would not be made available to other countries.
Previously, Trump had vaguely suggested the possibility of permitting the export of downgraded versions of these chips to China. However, his most recent remarks signal a firm stance from his administration, indicating an unwillingness to allow even the less advanced versions of the chip to circulate widely overseas.
Last week, NVIDIA CEO Jensen Huang revealed that the company has not yet initiated the process of applying for a U.S. export license specifically for the Chinese market.