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Trump Nvidia China chip sales plan sells out national security: Warren


Sen. Elizabeth Warren, D-Mass., speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on President Donald Trump’s nominees to lead the National Economic Council, Consumer Financial Protection Bureau and Federal Housing Finance Agency, on Capitol Hill in Washington, Feb. 27, 2025.

Annabelle Gordon | Reuters

President Donald Trump‘s decision to let Nvidia sell its advanced H200 artificial intelligence chips to China “sells out American national security,” Sen. Elizabeth Warren, D-Mass., said Thursday.

Warren, in remarks on the Senate floor, also reiterated her call for Nvidia CEO Jensen Huang to testify before Congress about the agreement, along with Commerce Secretary Howard Lutnick.

The Trump administration knows that China gaining access to the chips, which have previously been subject to export restrictions, “poses a serious threat to our technological leadership and national security,” Warren said.

Sen. Elizabeth Warren: Economy and Fed still have a lot of 'red flashing lights'

She noted that shortly before Trump announced his decision on the H200 chips on Monday, the Department of Justice touted a crackdown touted a crackdown on a “major China-linked AI tech smuggling network.”

“So why did the President make this bad deal that sells out the American economy and sells out American national security?” she asked. “It’s simple: In the Trump administration, money talks.”

“Mr. Huang understands that in this administration, being able to cozy up to Donald Trump might be the most important corporate CEO skill of all,” Warren said.

Nvidia did not immediately respond to CNBC’s request for comment on the senator’s remarks.

This is breaking news. Please refresh for updates.



Edited for Kayitsi.com

Kayitsi.com
Author: Kayitsi.com

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