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This month, President Donald Trump announced that he would allow U.S. chipmaker Nvidia to sell its advanced H200 chips to China, describing the move as overturning a failed Biden administration policy that he says “slowed innovation and hurt the American worker.” The first notable thing about the decision is that it’s a clear victory for Nvidia and its allies in the administration over Washington’s China hawks, who have pushed to block China’s access to the chips needed to develop the most advanced AI models. The second notable thing is that if this is the end of an era, it’s an…
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