Why lutnick Is Trending Today?

Lutnick, a prominent analyst, reveals that President Trump is currently considering a decision that could significantly impact Nvidia's business in China. The key issue at hand is whether Trump will approve the sale of Nvidia's H200 AI chips to China. According to Lutnick, this crucial decision is currently resting on Trump's desk, indicating that a resolution is imminent.

Howard Lutnick, the CEO of Cantor Fitzgerald, has been actively discussing various trade-related topics in recent news. In Brussels, he criticized certain EU digital laws while serving as the US Trade Representative. Lutnick has also been in the spotlight for his insights on potential changes in US policy regarding the sale of advanced Nvidia chips to China. He has stated that Trump is currently considering this decision, with Lutnick suggesting that Nvidia CEO Jensen Huang has 'good reasons' for pursuing these sales. Additionally, Lutnick has been vocal about the need for changes in EU digital rules to facilitate a deal on metal tariffs. In a recent Bloomberg podcast, he discussed these topics, along with the Supreme Court's ruling on tariffs.