03:01 PM EDT, 08/11/2025 (MT Newswires) -- Nvidia ( NVDA ) may be allowed to sell a scaled-back version of its Blackwell AI chip to China under a proposal floated by President Donald Trump in a briefing with reporters, Bloomberg reported Monday.

Trump said he would consider a deal permitting shipments of the Blackwell processor to China if Nvidia ( NVDA ) reduced the chip's capabilities by 30% to 50%, the report said, adding that Trump's remarks came as he confirmed a separate deal with the company allowing exports of its older H20 AI chip to China in exchange for the US government receiving 15% of revenue from those shipments.

A similar revenue-sharing arrangement has been set for Advanced Micro Devices' ( AMD ) MI308 chip, a person familiar with the matter told Bloomberg.

Trump suggested he may soon meet with Nvidia's ( NVDA ) Chief Executive Jensen Huang to discuss the potential deal, the report said.

Nvidia ( NVDA ) and AMD didn't immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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