Earlier in the day,
 Trump said he might speak to Xi about Nvidia's state-of-the-art Blackwell artificial intelligence chip at their expected meeting on Thursday.

"We may be talking about that with President Xi," Trump said, adding he was "very optimistic" about his face-to-face meeting with Xi, the first since he returned to the White House.

Sales of the U.S. firm's high-end AI chips to China have been a key sticking point in protracted trade talks between the world's two largest economies this year.

Beijing has long been irked by Washington's export controls that ban Nvidia from selling its most advanced AI chips to China.

The U.S. has justified these restrictions by alleging the Chinese military would use the chips to increase its capabilities.

Nvidia CEO Jesen Huang said on Tuesday his company had not applied for U.S. export licenses to send its newest chips to China because of the Chinese position.

"I hope that will change in the future because I think China is a very important market," Huang said.

SOURCE:reuters.com



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