Burberry, Synthomer, IHG, Hikma Pharma, Travis Perkins: Expert Insights.

Burberry, Synthomer, IHG, Hikma Pharma, and Travis Perkins are the companies in focus in today's expert view. The article does not provide any specific information about these companies, but it mentions that the latest news is related to Ukraine and Russia, as well as a deal between Nvidia, AMD, and Trump to keep China's market open. The article also includes a newspaper summary from August 12, 2025, but it does not provide any details about the summary.

In a significant development, the Trump administration is reportedly considering allowing Nvidia Corporation (NVDA) to sell a downgraded version of its next-generation Blackwell AI chip to China. This decision comes amidst ongoing discussions over national security implications and economic interests.

According to Reuters, President Trump has expressed openness to the proposal, which would see the chip's capabilities reduced by up to 50%. The adjustment would make it a weakened version compared to the original design intended for global markets [1].

The downgraded chip, referred to as an "enhanced-in-a-negative-way" Blackwell chip, would be subject to significant performance reductions, aiming to balance economic interests with national security concerns. Trump emphasized that the chips' capabilities would need to be significantly downgraded to avoid boosting China's AI capabilities.

Nvidia has been working on a lower-cost version of its latest Blackwell AI chips tailored for the Chinese market. The company has not confirmed the chip's development or its performance compared to U.S. counterparts. The U.S. flagship Blackwell chip, introduced in March, is capable of running up to 30 times faster than its previous generation [2].

The potential deal follows a revenue-sharing agreement between Nvidia and AMD, which requires them to hand over 15% of their China sales to the U.S. government. This arrangement has been defended by Trump, who stated that the H20 AI chips, which were previously banned, are now obsolete, and China already has access to them [1].

The decision to allow Nvidia to sell the downgraded chip to China is part of broader discussions between the Trump administration and the tech industry. The move comes as China remains a key market for Nvidia, contributing 13% of the company's revenue in the last fiscal year.

Nvidia's stock price reacted to the news, dipping 0.32% on Monday and a further 0.038% in after-hours trading, reaching $182.08 at the time of writing [1].

The broader implications of this deal could set a precedent for other U.S. tech companies looking to expand their sales into China while adhering to national security guidelines. However, the deal faces potential legal challenges and skepticism from lawmakers, who question the legality of the export tax [1].

References:
[1] https://www.benzinga.com/markets/tech/25/08/47049450/trump-open-to-scaled-down-nvidia-blackwell-ai-chip-for-china-jensen-huang-is-coming-to-see-me-again-about-that
[2] https://www.forbes.com/sites/nathangoldman/2025/08/11/insider-nvidia-and-amds-3-billion-export-tax-deal-with-trump/