In a letter Monday to Department of Commerce Secretary Howard Lutnick, 20 policymakers and professionals with a background in national security policy urged Trump to reverse course and block exports of Nvidia's H20 chips to China.

President Trump is facing growing pushback on multiple fronts over his administration’s decision to allow Nvidia to sell its H20 chips to China, a move that critics argue could give Beijing a leg

President Trump has admitted he threatened to break up Nvidia, despite not knowing who Jensen Huang was and having never heard of the company before.

The letter states that allowing sales of the H20 AI chip to China could hurt the U.S.'s AI "edge" and further chip bottlenecks in the U.S.

Trump’s late-July AI action plan effectively rolled back export restrictions on Nvidia’s H200 chips while loosening permitting rules for AI data centers. Huang called it a “critical tailwind” for keeping America’s AI edge.

President Donald Trump said he considered attempting to break up Nvidia Corp. to increase competition in artificial intelligence chips before finding out “it’s not easy in that business.”

Tracking small-cap stocks, the Russell 2000 reversed course and skidded 0.4% lower. Volume was lower on the Nasdaq exchange while higher on the New York Stock Exchange compared with Monday. On the Nasdaq exchange, falling stocks edged out rising ones by nearly 2-to-1. In a turnaround on the NYSE, winners dug deep and edged out losers.

Nvidia CEO Jensen Huang noted the connection between energy policy and AI leadership, saying Trump's pro-energy stance as essential for America's artificial intelligence future.

Huawei unveiled its most aggressive artificial intelligence system to date on Saturday in Shanghai. The CloudMatrix 384 made its first public appearance at the World Artificial Intelligence Conference (WAIC),