Trump’s latest statement has stirred up the chip market again. On the 8th, he indicated a willingness to allow Nvidia to sell its H200 AI chips to Chinese buyers, but with the condition that 25% of the sales revenue from each chip must be handed over as a “transit fee.”

It’s worth noting that this relaxation only applies to the H200 generation of products. The more powerful Blackwell series and the still-in-the-lab Rubin architecture are not even up for discussion—so it seems the technological gap is still being maintained as a line of defense.

The Ministry of Commerce is currently rushing to finalize the details, and it’s said that companies like AMD and Intel will also have to follow the same rules. What kind of chain reaction will this policy trigger in compute-intensive industries? Miners and AI developers may have to recalculate their cost structures.