Trump met with Nvidia's CEO

U.S. President Donald Trump met with Nvidia CEO Jensen Huang in Washington, Reuters reported. Their discussion focused on U.S. export restrictions to China and the possibility of selling older-generation chips. Trump called Huang an "intelligent man" but did not elaborate. Huang commented on rumors about his company's equipment being smuggled, noting the immense size and cost of AI data center GPUs. The meeting coincided with administration discussions about potentially allowing Nvidia to sell its older H200 chips to China. Huang was in Washington for meetings with U.S. lawmakers, where he warned that varying state-level AI regulations could hinder the industry's growth. Nvidia also opposed legislative proposals requiring chipmakers to prioritize U.S. customers before obtaining licenses for sales to "countries of concern," arguing it could hurt the global competitiveness of U.S. technology