U.S. Tells Nvidia It Needs License for Any New Chip Destined for China

U.S. Treasury Secretary Bessent said Nvidia will need to secure a U.S. government license before introducing any new semiconductor products for the Chinese market, according to remarks broadcast by CNBC on 19 Aug 2025. The measure extends Washington’s export-licensing regime over the chip designer, which has already been subject to restrictions on certain advanced processors sold to China. No details on the scope of the prospective licenses or the timing of implementation were provided.