China, NVIDIA and Trump
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Intel, Trump and administration
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In a move that has stunned the tech industry, US President Donald Trump’s administration has reached an unprecedented agreement with Nvidia and AMD, requiring the chipmakers to give 15% of profits from their China sales to the US government.
President Trump's remarks about NVIDIA and Huang start at the 14:08 mark of the video. NVIDIA has seen rapid growth due to the advent of AI. It became the first $4 trillion company earlier this year.
Days after a White House meeting with President Donald Trump, Jensen Huang was being hailed by an audience on a stage in Beijing.
Critics warn that Trump's demands for business leaders to step down, and for the government to take a cut of sales, threaten American-style capitalism.
President Donald Trump revealed he once considered breaking up AI darling Nvidia before learning more about its CEO, Jensen Huang, and the company’s market dominance. The president made the ...