The United States eases restrictions on chip exports to China, allowing the supply of non-advanced models.

The United States will supply NVIDIA chips to China!

Kevin Hassett, the Chairman of the White House National Economic Council, stated that the President has decided to allow NVIDIA to supply less advanced chips to China, while the most advanced processor models will remain in the United States.

"After carefully considering all factors, the President and his team have decided to allow the supply of NVIDIA chips, allowing China to purchase our less advanced chips, while keeping our best chips. I think this is a wise decision."

Hassett emphasized that the reason for this decision is that Washington does not want China to monopolize its domestic market. "We do not want them to enter the chip race, gain all the revenue from the monopoly, and then use it to surpass us."

Original: https://www.toutiao.com/article/1839022940793856/

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