Trump Bars Blackwell Chips to China, Allows Smaller Sales

President Trump told CBS’s 60 Minutes and reporters aboard Air Force One that Nvidia’s most advanced Blackwell AI chips will be reserved for U.S. customers and will not be sold to China or other foreign buyers. He said he would let Nvidia 'deal with' Beijing on less-capable chips, suggesting a carve-out and a possible hardening of export controls around cutting-edge American AI semiconductors. Nvidia — now valued above $5 trillion — dominates the global AI chip supply chain and is already supplying large volumes of Blackwell chips to partners such as South Korea. The comments drew market attention as Nvidia shares ticked higher and reflect tensions between widening AI exports to allies and protecting U.S. technological advantages. Industry leaders warn that even if GPU exports are restricted, power and data-center infrastructure limits remain an evolving bottleneck for AI growth.