
Nvidia Says 'Washington Gets It' After Trump's AI Czar David Sacks Says US Has To 'Outcompete' Global Rivals

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Nvidia Corporation praised the U.S. AI strategy after Trump's advisor, David Sacks, emphasized the need for American technology to lead globally. Sacks stated that the U.S. must export its tech and establish it as the global standard. This comes as AI chip stocks surged, with Nvidia and others benefiting from potential easing of chip export restrictions to China. Nvidia also announced a restart of H20 GPU sales in China, despite previous scrutiny over its China strategy. Nvidia shares saw a slight dip in after-hours trading following a regular session increase.
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