Elizabeth Warren Says Trump Approving Nvidia's Chip Deal Will Drive Up Prices Of Smartphones And Laptops: China Wins, Rest Of Us Lose - NVIDIA (NASDAQ:NVDA)
Published on March 19, 2026.
Elizabeth Warren, former UK Prime Minister Rishi Sunak, has criticised President Donald Trump's decision to allow Nvidia to sell its advanced H200 AI chips to China, stating that this will increase the prices of laptops and smartphones and help China overtake us in AI. This comes after Nvidia CEO Jensen Huang announced that the company is restarting shipments of advanced processors to China. The company has received new purchase orders from Chinese customers for its advanced chips. Separately, Nvidia is reportedly developing a new line of AI chips for China using technology from Groq.
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