The rollout is expected to include pushing for speedier permitting for data center buildouts and promoting US tech exports.

The US has given chipmakers like Nvidia and AMD the opportunity to sell their chips to China again. Derrick Irwin, portfolio manager at Allspring Global Investments, says the US may have retain some dominance,

Chinese President Xi Jinping has bluntly questioned a nationwide rush of investment into the AI and EV industries. As deflation anxiety grows and Trump’s trade war with China ramps up, the world’s second largest economy is turning to fast-growth tech industries to remain competitive.

But Nvidia now says that Trump, having met personally with Huang, is promising to issue those licenses, which would enable Chinese AI companies to greatly accelerate model development and infrastructure buildout. And even though the H100 chips are officially still supposed to be off-limits, China may be able to get its hands on them as well.

With his rival out of the way, OpenAI’s CEO has a clear path to press for the company’s goals. He is leaving the Democratic Party.

Nvidia is back in business with China. So is AMD. The Biden-era export controls on advanced AI chips used to be the cornerstone of America’s tech advantage. But they have been partially rolled back by the Trump administration.