{"id":440935,"date":"2025-12-11T21:17:15","date_gmt":"2025-12-11T21:17:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/440935\/"},"modified":"2025-12-11T21:17:15","modified_gmt":"2025-12-11T21:17:15","slug":"trump-nvidia-china-chip-sales-plan-sells-out-national-security-warren","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/440935\/","title":{"rendered":"Trump Nvidia China chip sales plan sells out national security: Warren"},"content":{"rendered":"<p>Sen. Elizabeth Warren, D-Mass., speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on President Donald Trump&#8217;s nominees to lead the National Economic Council, Consumer Financial Protection Bureau and Federal Housing Finance Agency, on Capitol Hill in Washington, Feb. 27, 2025.<\/p>\n<p>Annabelle Gordon | Reuters<\/p>\n<p>President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a>&#8216;s decision to let <a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\" target=\"_blank\" rel=\"noopener\">Nvidia<\/a> sell its advanced H200 <a href=\"https:\/\/www.cnbc.com\/ai-artificial-intelligence\/\" target=\"_blank\" rel=\"noopener\">artificial intelligence<\/a> chips to China &#8220;sells out American national security,&#8221; Sen. <a href=\"https:\/\/www.cnbc.com\/video\/2025\/12\/11\/sen-elizabeth-warren-economy-and-fed-still-have-a-lot-of-red-flashing-lights.html\" target=\"_blank\" rel=\"noopener\">Elizabeth Warren<\/a>, D-Mass., said Thursday.<\/p>\n<p>Warren also reiterated her call for Nvidia CEO <a href=\"https:\/\/www.cnbc.com\/video\/2025\/12\/01\/watch-cnbcs-full-interview-with-nvidia-ceo-jensen-huang-and-synopsys-ceo-sassine-ghazi.html\" target=\"_blank\" rel=\"noopener\">Jensen Huang<\/a> to testify before Congress about the agreement, along with Commerce Secretary <a href=\"https:\/\/www.cnbc.com\/2025\/12\/11\/lutnick-economy-gold-card-trump.html\" target=\"_blank\" rel=\"noopener\">Howard Lutnick<\/a>.<\/p>\n<p>The senator&#8217;s fiery remarks on the Senate floor came three days after Trump announced on social media that the U.S. semiconductor giant Nvidia could sell the chips to &#8220;approved customers&#8221;\u00a0in China, so long as the U.S. gets a 25% cut of the revenues.<\/p>\n<p>The announcement drew concerns both from Democrats and some of Trump&#8217;s Republican allies, who have been vocal about protecting America&#8217;s hardware advantage over China in the race to AI superiority.<\/p>\n<p>Warren, in Thursday&#8217;s remarks, urged Congress to pass bipartisan legislation that &#8220;reins in this administration&#8221; by imposing new chip export restrictions. <a href=\"https:\/\/www.brookings.edu\/articles\/why-the-gain-ai-act-would-undermine-us-ai-preeminence\/\" target=\"_blank\" rel=\"noopener\">Critics of the bill<\/a> say it could undermine U.S. chipmakers&#8217; competitiveness.<\/p>\n<p>The Trump administration knows that China gaining access to the chips, which have previously been subject to export restrictions, &#8220;poses a serious threat to our technological leadership and national security,&#8221; Warren said on the Senate floor.<\/p>\n<p>She noted that shortly before Trump announced his decision on the H200 chips on Monday, the Department of Justice touted a crackdown<a href=\"https:\/\/www.justice.gov\/usao-sdtx\/pr\/us-authorities-shut-down-major-china-linked-ai-tech-smuggling-network\" target=\"_blank\" rel=\"noopener\">\u00a0touted a crackdown<\/a>\u00a0on a &#8220;major China-linked AI tech smuggling network.&#8221;<\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/12\/108240568-17654621671765462164-42932559698-1080pnbcnews.jpg\" alt=\"Sen. Elizabeth Warren: Economy and Fed still have a lot of 'red flashing lights'\"\/><\/p>\n<p>&#8220;So why did the President make this bad deal that sells out the American economy and sells out American national security?&#8221; she asked. &#8220;It&#8217;s simple: In the Trump administration, money talks.&#8221;<\/p>\n<p>&#8220;Mr. Huang understands that in this administration, being able to cozy up to Donald Trump might be the most important corporate CEO skill of all,&#8221; Warren said.<\/p>\n<p>She pointed to Huang attending a <a href=\"https:\/\/www.npr.org\/2025\/04\/09\/nx-s1-5356480\/nvidia-china-ai-h20-chips-trump\" target=\"_blank\" rel=\"noopener\">$1 million-per-plate dinner<\/a> at Trump&#8217;s Florida home Mar-a-Lago, and Nvidia&#8217;s later donations to the president&#8217;s under-construction White House ballroom.<\/p>\n<p>&#8220;Those are just the most obvious possible reasons to cut this deal,&#8221; Warren said, &#8220;and who knows what else Mr. Huang might have done behind closed doors to persuade President Trump and Secretary Lutnick into making this dangerous concession.&#8221;<\/p>\n<p>CNBC has reached out to Nvidia for comment on the senator&#8217;s remarks.<\/p>\n","protected":false},"excerpt":{"rendered":"Sen. Elizabeth Warren, D-Mass., speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on President&hellip;\n","protected":false},"author":3,"featured_media":440936,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[76,11732,64,81,74,77,69,79,3350,2010,147,80,158,67,132,68],"class_list":{"0":"post-440935","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-breaking-news-politics","9":"tag-breaking-news-technology","10":"tag-business","11":"tag-business-news","12":"tag-china","13":"tag-donald-j-trump","14":"tag-donald-trump","15":"tag-economy","16":"tag-foreign-policy","17":"tag-jensen-huang","18":"tag-nvidia-corp","19":"tag-politics","20":"tag-technology","21":"tag-united-states","22":"tag-unitedstates","23":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115703019112704201","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/440935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=440935"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/440935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/440936"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=440935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=440935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=440935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}