Nvidia’s top-end chips may be sold as tech evolves, Bessent says

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said on Tuesday he could envision a scenario where Nvidia’s advanced Blackwell chips can be sold to China and other countries as technology evolves and better chips are made.

“There may be a case down the road – I don’t know whether it’s 12 or 24 months, given the incredible innovation that goes on at Nvidia -, where the Blackwell chips may be two, three, four (levels) down their chip stack in terms of efficacy,” Bessent said in an interview with CNBC. “And at that point, they could be sold off.”

(Reporting by Susan Heavey and David Lawder; Writing by Doina Chiacu; Editing by Katharine Jackson)

More From Author

Trump, Modi speak frequently as trade talks continue, White House says

Nvidia’s top-end chips may be sold as tech evolves, Bessent says

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Categories