Follows news that Nvidia will be allowed to export its H20 chips to China

Reversal follows meeting between President Trump and Nvidia CEO Jensen Huang

Draft rule first step to replace the scrapped Biden-era AI Diffusion Rule

Hosted by Hydra Host

Bill currently being debated back in US House of Representatives

Paris-based Quantonation II describes itself as the “world’s only physics-focused fund”

Deal is thought to cover rare earth minerals and export controls

Believed to be the most beneficial incentive offered by the CHIPS Act

A total of 601 new entities were added to the list over the weekend

Will support manufacturing and R&D efforts across Idaho and Virginia

US commerce secretary describes some grants as “overly generous”

Company says it will collaborate with Apple, AMD, and Qualcomm, amongst others

Trump administration has raised national security concerns regarding the project

Cadence and Siemens also told to stop supplying technology to Chinese customers

Successful applicant could be eligible for UK government funding

Comes after US government imposed further restrictions on chipmaker’s H20 chips

System will be powered by 4,000 Nvidia Blackwell GPUs

Bill has been named the Chip Security Act

Joe Biden era rule was set to come into force on May 15, limit GPU exports

Has already partnered with US Air Force

Biden-era regulation sought to limit access to advanced AI chips and AI model weights

Stolen servers were headed for Hong Kong

Chip launch follows additional US export restrictions on Nvidia H20 GPUs to China

Follows Nvidia's announcement it plans to produce AI supercomputers in the US