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BREAKING: Trump said China has not purchased Nvidia’s, $NVDA, H200 chips, despite U.S. approval for sales

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🇨🇳🇺🇸Summary of Trump’s Remarks on Topics Discussed With Xi - @MKTNews_Global Trade and Economic Cooperation - U.S. and China “agree on trade very much.” - Tariff reductions were not discussed during the talks. - U.S. reached a soybean deal with China. China will buy billions of dollars in U.S. soybeans. - U.S. farmers will be happy with the deal reached with China. - Boeing received a promise of additional aircraft purchases. - China is buying 400–450 General Electric engines. - Is planning to try to visit China in November. Taiwan and Regional Security - Discussed arms sales to Taiwan with China. - Declined to answer a question on whether the U.S. would defend Taiwan. - Has made no commitment on Taiwan. - Nothing has changed on Taiwan policy. - U.S. has not approved weapons sales to Taiwan yet and added:“May do it, may not do it.” - Will make a determination on arms sales to Taiwan in a fairly short period. - Xi“doesn’t want to see a fight over Taiwan.” - Conflict over Taiwan “would be a strong confrontation.” -“We’re not looking to have wars.” -“Last thing we need right now is a war.” Iran, Sanctions and Middle East - Discussed U.S. sanctions on Chinese oil companies. - Is considering lifting sanctions on Chinese companies that buy Iranian oil and expects a decision soon. - Decision on U.S. sanctions would come within the next few days. - Discussed sanctions on Iranian oil with China. - Did not ask China for favors on Iran. - Iran would never obtain a nuclear weapon. - Guarantees from Iran on a 20-year moratorium were “not enough.” - Regarding Iran’s enriched material: “May get it at the right time.” - U.S. achieved “a total military victory against Iran.” - Iran’s missile production capacity is “80–85% gone.” - U.S. could strike Iranian bridges and electrical capacity sites. - Iran “has done no business in the last weeks.” - Iran ceasefire was done “as a favor to other nations.” North Korea and Denuclearization - Has had communications with North Korean leader Kim Jong Un. - Did not elaborate on those communications. - Discussed North Korea with Xi. - Discussed denuclearization with China and described the response as positive. AI and Technology - U.S. and China are possibly working together on AI guardrails. - NVIDIA chip issue did not come up in talks with China. - H20 is “a great chip.” Ukraine and Global Affairs - Discussed Ukraine with Xi. - On Cuba, Trump said: “We have a lot to talk about on Cuba.” “They need help.” (mktnews.com/flashDetail.ht…)

TRUMP: TARIFFS NOT DISCUSSED WITH XI President Donald Trump said tariffs were “not brought up” during two days of talks with Chinese leader Xi Jinping. “We didn’t discuss tariffs,” Trump told reporters aboard Air Force One, while noting China is still paying “substantial tariffs.”

European stock markets hit reverse on Friday morning European stocks slumped Friday, as rising inflation weighed on markets after another sharp oil price rally. The pan-European Stoxx 600 was down 1.3% in morning dealmaking, with major bourses in London, Frankfurt, Paris and Milan all selling off and most sectors trading in negative territory. $STOXX

Hormuz Gloom Weighs on Stocks - WSJ ooc.bz/l/102349

TRUMP SAYS NVIDIA CHIP SALE DIDN'T COME UP WITH CHINA

🇺🇸🇨🇳USTR GREER, ON NVIDIA H200 CHIPS: PURCHASES OF NVIDIA H200 CHIPS WILL BE A SOVEREIGN DECISION BY CHINA WHETHER THE CHINESE ARE GOING TO BUY OR NOT AGAIN THEY'RE MAKING THEIR OWN DETERMINATIONS WE DID NOT TALK ABOUT CHIP EXPORT CONTROLS AT THE MEETING (mktnews.com/flashDetail.ht…)

🇺🇸🇨🇳TRUMP: CHINA'S XI IS ALL BUSINESS, NO GAMES -FOX NEWS INTERVIEW (mktnews.com/flashDetail.ht…)

Tomorrow is the last day that Jerome Powell will be Chairman of the United States 🇺🇸 Fed

Trump invites Xi to White House on September 24 reut.rs/4914K1R reut.rs/4914K1R

Microsoft, Meta, Oracle among Trump disclosures - NBC $META $MSFT $ORCL

JUST IN: SPACEX'S IPO PROSPECTUS COULD HIT AS SOON AS NEXT WEEK. The roadshow is slated for June 8, per CNBC. This would be the largest IPO in history, by a wide margin: The timeline: - SpaceX confidentially filed in April - Prospectus could be publicly disclosed as soon as next week - Roadshow officially kicks off June 8 - SEC rule requires the filing be disclosed at least 15 calendar days before the roadshow - SpaceX advisers aiming for a slightly earlier flip to give investors time to digest The deal size: - Targeting a listing of $70B to $75B, per Bloomberg - That is more than 2x the size of Saudi Aramco's 2019 record ($25.6B) - Largest IPO of all time, by a wide margin The valuation context: - SpaceX merged with xAI in February - That deal valued the combined entity at $1.25 TRILLION - Brookfield $BN disclosed today it has already purchased $2B of SpaceX shares at the current pre-IPO mark The distribution play: - Because this much stock has never been sold in an IPO before, SpaceX's advisers are scouting brokers in the UK, Japan, and Canada - Targeting longer-term retail holders outside the U.S. The setup for the broader AI IPO pipeline: - Cerebras $CBRS closed +68% on its debut today at a $95B market cap - OpenAI and Anthropic are both pursuing offerings as soon as this year - Both could exceed $1T in valuation if they price The market backdrop: - Wall Street has been thirsting for IPOs after a years-long drought - Cerebras was the proof point that institutional demand is back - SpaceX is the megacap test

Cerebras To Raise $5.55 Billion In Largest Nasdaq Debut Of 2026 Thus Far. $CBRS benzinga.com/markets/ipos/2…

Nvidia Gets Another China Catalyst $NVDA is back in focus after reports the U.S. approved H200 AI chip sales to select Chinese firms. Why it matters: • AI demand • China exposure • semiconductor momentum • market leadership 📌 Nvidia is still the market’s AI thermometer.

Someone bought $GOOGL 500 C 09/18/2026 for $4.2M This is a 24% OTM contract

🚨BREAKING: The CLARITY Act has officially passed the Senate Banking Committee in a 15-9 bipartisan vote. Next: • Full Senate vote • House approval • Potential path to Trump’s desk Crypto regulation in the US just took a major step forward.

Trump: Xi said he'd like to keep buying oil from Iran - Fox News.