Nvidia Leads AI Chip Manufacturing Shift to U.S., Seeks China Market via Trump-Xi Trade Deal

Nvidia CEO Jensen Huang has cultivated a strong relationship with President Trump, which has been instrumental in navigating the complex U.S.-China trade tensions affecting the tech giant's AI chip business. While Trump has emphasized restricting Nvidia's most advanced Blackwell chips to U.S. companies to maintain a technological edge, he has left open the possibility of allowing a less advanced version to be sold to China. Huang credits Trump's push for domestic manufacturing and technological leadership with accelerating Nvidia's move to produce its fastest AI chips in Arizona, marking a significant step in reviving American manufacturing. Additionally, a new trade deal between Presidents Trump and Xi Jinping is expected to improve Nvidia's access to the Chinese market, potentially boosting the company's growth and stock performance. This development aligns with broader market optimism, as Nvidia's hardware dominance supports AI and cryptocurrency sectors globally. The mutually beneficial relationship between Nvidia and the Trump administration underscores a strategic balance between national security concerns and economic interests in the global semiconductor industry.