Latest news with #JohnMoolenaar
Time of India
a day ago
- Business
- Time of India
Top lawmaker sends letter to US Commerce Secretary objecting to Nvidia selling AI chips to China: ‘We can't let the…'
Republican representative John Moolenaar , who is the chairman of the House Select Committee on China, has reportedly objected to the US Commerce Department 's decision to allow Nvidia to resume sales of its H20 AI chips to China. In a letter to US Commerce Secretary Howard Lutnick, Moolenaar warned that the move could advance China's AI capabilities and help Chinese companies gain market share in global AI model development. 'The Commerce Department made the right call in banning the H20. We can't let the (Chinese Communist Party) use American chips to train AI models that will power its military, censor its people, and undercut American innovation,' stated Republican representative Moolenaar on Friday (July 18), as per news agency Reuters. Nvidia 'allowed' to resume sales of AI chips in China Earlier this week, Nvidia announced that the US government has permitted the chipmaker to restart H20 sales, reversing an export restriction imposed in April. The ban aimed to keep advanced AI chips out of Chinese hands due to national security concerns, a position that has typically seen rare bipartisan agreement in Congress. This reversal has quickly drawn criticism from some US legislators. China represents a significant revenue source for Nvidia, the world's most valuable company. Recently, Lutnick stated that the planned resumption of H20 chip sales was part of ongoing US negotiations concerning rare earths and magnets. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 11 Foods That Help In Healing Knee Pain Naturally Undo Recently, Nvidia CEO Jensen Huang pushed back against US concerns saying that China doesn't need US-made chips and American stack to aid its military. He claimed that Chinese military 'don't need Nvidia's chips, certainly, or American tech stacks in order to build their military' because 'they simply can't rely on it' as US technology 'could be limited at any time; not to mention, there's plenty of computing capacity in China already.' His comments come just ahead of his trip to China for which he was sent a 'warning letter' by some US senators. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
a day ago
- Business
- Yahoo
Top Republican on China panel objects to resumption of Nvidia H20 chip shipments
WASHINGTON (Reuters) -The chairman of the House Select Committee on China objected on Friday to the resumption of Nvidia selling H20 AI chips to China in a letter to U.S. Commerce Secretary Howard Lutnick, warning it may advance China's AI capability and help its companies capture global AI model market share. The decision this week to allow Nvidia to resume sales reversed an export restriction imposed in April that is designed to keep the most advanced AI chips out of Chinese hands over national security concerns, an issue that has found rare bipartisan support. It drew swift questions and criticism from U.S. legislators. "The Commerce Department made the right call in banning the H20," Republican Representative John Moolenaar wrote on Friday. "We can't let the (Chinese Communist Party) use American chips to train AI models that will power its military, censor its people, and undercut American innovation." Nvidia said earlier this week it had been assured by the U.S. government that it would be permitted to resume sales to China of its H20 graphics processing unit, an important source of revenue for the world's most valuable company and a sign the United States was relaxing restrictions on the export of AI technology to China. Shares of Nvidia turned negative on Friday after the news regarding the artificial intelligence chip. Nvidia declined to comment. A representative of the Commerce Department did not immediately respond to a request for comment. On Tuesday, Lutnick said the planned resumption of sales of the H20 chip was part of U.S. negotiations on rare earths and magnets. According to an April 2025 report by the Select Committee, Nvidia's H20 chips were instrumental in enabling an AI model by Chinese company DeepSeek that surprised the world earlier this year. Tech giants like China's Tencent also have used H20s to train massive AI systems, Moolenaar said. Solve the daily Crossword
Bloomberg
a day ago
- Business
- Bloomberg
House China Panel Faults Trump's Move to Ease Nvidia AI Chip Sales
The Trump administration's decision allowing Nvidia Corp. to resume shipments of its H20 artificial intelligence chips to China risks bolstering Beijing's military capabilities and expanding its capacity to compete with the US in AI, according to the head of the US House Select Committee on China. 'The H20, which is a cost-effective and powerful AI inference chip, far surpasses China's indigenous capability and would therefore provide a substantial increase to China's AI development,' Chairman John Moolenaar, a Michigan Republican, said Friday in a letter to Commerce Secretary Howard Lutnick, whose agency oversees semiconductor export controls. 'We must not allow US companies to sell these vital artificial intelligence assets to Chinese entities.'
Reuters
2 days ago
- Business
- Reuters
Top Republican on China panel objects to resumption of Nvidia H20 chip shipments
WASHINGTON, July 18 (Reuters) - John Moolenaar, chairman of the House Select Committee on China, on Friday objected to the resumption of Nvidia H20 equivalent graphics processing unit sales to China in a letter to U.S. Commerce Secretary Howard Lutnick. "The Commerce Department made the right call in banning the H20," Moolenaar wrote. "We can't let the (Chinese Communist Party) use American chips to train AI models that will power its military, censor its people, and undercut American innovation." Shares of Nvidia (NVDA.O), opens new tab turned negative after the news regarding the artificial intelligence chip. Representatives of the Commerce Department and Nvidia did not immediately respond to requests for comment.
South China Morning Post
2 days ago
- Business
- South China Morning Post
US House committee chair warns Panama about Chinese influence over Panama Canal
The head of a US congressional on Thursday, warned Panama over Chinese influence on the Panama Canal, following reports that leading Chinese state-owned conglomerates are bidding for port concessions there now for sale by Hong Kong-based CK Hutchison Holdings. In his letter to Minister of Maritime Affairs and Administrator of the Panama Maritime Authority Luis Roquebert, Representative John Moolenaar, chairman of the House Select Committee on the Chinese Communist Party, expressed alarm over China's 'malign influence' on the canal, a conduit vital for global shipping and supply chain security. 'I am writing to applaud the work you, your Ministry, and your country have undertaken to reject undue influence from the People's Republic of China,' the Michigan Republican wrote. Panamanian President José Raúl Mulino 'has demonstrated his commitment to strengthening the US-Panama relationship and has taken concrete steps to reverse efforts by the PRC to expand malign influence in Panama,' the letter said. Moolenaar urged Roquebert's ministry to ensure that whoever ends up controlling Cristobal and Balboa, two Panama Canal ports operated by CK Hutchison, is not 'beholden' to the Communist Party of China.
