Trump's Tariff on Nvidia Chips Sold to China Backfires as Beijing Blocks H200 Purchases

Former U.S. President Donald Trump stated that Chinese authorities have refused to approve purchases of Nvidia’s H200 AI chips, opting instead to develop their own technology. This decision reportedly costs NVIDIA CEO Jensen Huang an estimated $30 billion in potential revenue and led to a 4.4% drop in Nvidia's stock price.

By Rudro Chakrabarti Mon, May 18, 2026 at 5:30 PM GMT+3 6 min read · Yahoo Finance · May 18, 2026, 14:30 UTC

Tickers: $NVDA

Topics: AI chips China trade policy Nvidia stock market reaction Trump administration

Read the full article at Yahoo Finance

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