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Nvidia has just dodge a $ 8 billion bullet, Thank Donald Trump

It’s a big victory for the most valuable company in the World Tecome War ongoing. The Trump administration gave a share a license to sell their chaps of their special is at the shopper and next-house of the White House of Ceels Jensen Huang.

The move is a massive financial relief for giants. Allow nvidia to avoid a $ 8 projected carcass for the tax year and re-enter a market that Huang self esteems $ 50 billion.

According to the financial timesThe discovery has arrived after Huang visit to the White House on August 6 to meet with President Donald Trump. Only two days later, the Commerce Department, that the export Contracts, which issuing the issue the first licenses for Nvida captain to the Lina H2o in China.

The background to high tenti will come

This decision is the last chapter in the war of the middle of China. The heart issuance is afraid American technology could be used by the pechino to develop military softesticate. To prevent this, the US they have taxed to strict export controls, block the sale of top-tier top charts to China.

The most powerful processors of Nvidia, as his blackwell series, are forbidden for the export to China. In response, Nvidia printed in wood, a less powerful version of his advanced technology of advanced technology to comply

However, Trump administration took a further together in April, the halves of selling of these of the De-Powered H2O chips. The move has sent Shockwaves across Nvidia. The company was forced to stop shipment, result in a $ 4.5 billion loading for excessive inventory and purchase bonds. In May, Nviidia has noticed investors that the restraints that restraints will cost the company $ 8 billion in revenue for the full fiscal year.

The power of personal diplomacy

Inverting this policy made months of intense diplomacy and lobbying, culminating in the personal huang visits in the white house. CEO’s channel appears he worked, drastically changed the President of Trump President on the company. During the top of the White House of the White, Trump has learned he had initially considered to take the antitrust action against the giant chip before you know their CEO.

“I said,” We look at this guy, ‘before I learned the facts of life, “Trump said about Huang.” I said:’ Who the hell is? What is her name? Which hell is nvidia? I have never heard of before. “

The president continued: “I know it to Jensen, and now see why”, inventing Huang, whom he was in the Audiences, heating. The one meeting seems to be returned the point, convincing the administration protecting nvidia financial health was crucial for the maintenance of America.

What it means for the largest company of the world

To nvidia, the news is a massive relief. The company, that last month has become the first to reach a $ 4 trillion market value, is now moved around $ 4.45 trillion. With the threat of $ 8 billion and the market of $ 50 billion, investors, the investors will be kept strictly when nvidia reports their successive memories after this month. Another strong ratio could easily push the ai titan passing the limit of $ 5 trillion unprecedent.

Nvidia and the Commerce Department did not respond immediately to the questions for the comment.

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