No bueno news for NVIDIA and friends.

President Donald Trump has indicated that Nvidia will have to reserve its most advanced chips for U.S. companies and hold them back from China and other countries.

Trump said Sunday that only U.S. customers should be able to access Nvidia’s Blackwell chips, its top-end product. "We don't give (the Blackwell) chip to other people,” he said on Air Force One. He echoed the statement in an interview with CBS, adding: "The most advanced, we will not let anybody have them other than the United States.”

This could change next week but it certainly isn’t the outcome Jensen was likely looking for coming out of GTC D.C. Quite the opposite.