Trump administration explains U-turn on H20 chip sales to China
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What happened: In an interview with CNBC on July 15, US Commerce Secretary Howard Lutnick shed some light on the Trump administration's U-turn on the China Nvidia H20 chip ban.
According to Lutnick:
“The renewed sale of H20 chips to China was linked to a rare earths magnet deal”
Why it matters: Th...