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Howard Lutnick: “They're more advanced than what China makes.”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick: How America Can Hit 6% GDP Growth in 2026

Published | Video Starts at 1:15:31

And then you struck an agreement with Jensen where now I think it's the H2 hundreds, which are not quite the most advanced chips, but maybe one generation before go to China. They're more advanced than what China makes. Right. But in return, you got a 25% marketing fee. What do you call it? Rev share tariff. Just describe to us the construction of that deal and what it means for these kinds of deals in the future. (1:15:31–1:15:34)

CLAIM

Asserts that the H2 hundreds chips are more advanced than what China currently manufactures.

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