Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Ian King revisits one of Nvidia’s earlier-generation AI chips that has returned to the spotlight.

Chip-import dependence is a national-security threat. A “chip-for-chip” tariff could be a $230 billion revenue windfall and spur U.S. semiconductor production.

The allegations reveal the failure of physical export controls and open a new front in the battle to end black-market chip sales.

President Trump said Nvidia can export some chips. But years of U.S. restrictions have propelled China to make everything it needs for advanced A.I.

The United States will allow Nvidia's H200 processors, its second-best artificial intelligence chips, to be exported to China and collect a 25% fee on such sales, U.S. President Donald Trump said on Monday.

Shipping chips from Taiwan to the U.S. to China would allow government to get 25% cut of sales.

The Department of Commerce will allow Nvidia to ship H200 chips to China, as originally reported by Semafor, to approved customers in the country. The U.S. will take a 25% cut of these sales, CNBC reported.

China is set to limit access to Nvidia’s (NVDA) advanced H200 chips despite President Donald Trump’s decision to allow the export of the GPUs to China.

President Trump announced Monday that he will allow California-based Nvidia to sell its advanced H200 computer chips to "approved customers" in China, a boost to the semiconductor giant whose chips are widely used for artificial intelligence.

The move comes after President Donald Trump said the U.S. government would allow Nvidia to export H200 processors.