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Nvidia’s CEO discusses selling advanced AI chips to China with the Trump administration.

Nvidia's CEO discusses selling advanced AI chips to China with the Trump administration.

Nvidia CEO Discusses AI Impact with Fox Business Nvidia’s CEO, Jensen Huang, shared insights with Fox Business, highlighting discussions with the Trump administration regarding the potential sale of advanced blackwell chips to China. He expressed confidence in the global adoption of American technology, suggesting that it could help the U.S. secure an advantage in the […]

Bessent supports investment in Intel: Chips are a ‘key necessity’

Bessent supports investment in Intel: Chips are a 'key necessity'

Treasury Secretary Defends US Stake in Intel Treasury Secretary Scott Bescent spoke out in defense of the US government’s decision to acquire a 10% stake in Intel, addressing concerns about potential government interference in the free market. During an appearance on Fox Business’s “Morning Maria,” Bescent emphasized the strategic necessity of this investment. “Tips are […]

Mamdani criticizes Adams over ‘bag of chips’ controversy: ‘Absurd’

Mamdani criticizes Adams over 'bag of chips' controversy: 'Absurd'

New York City Mayoral Race Heats Up Amid Allegations Zohran Mamdani, a candidate for mayor in New York City, has found himself scrutinizing the current mayor, Eric Adams, following a recent incident involving an aide and some cash. This situation has generated quite a bit of buzz within the local media. Mamdani pointed out that […]

Nvidia is creating advanced AI chips to sell to China.

Nvidia is creating advanced AI chips to sell to China.

Nvidia Develops New AI Chip for Chinese Market Nvidia is reportedly creating a new AI chip aimed at the Chinese market. This chip, known as B30A, is said to be less powerful than Nvidia’s flagship B300 Blackwell GPU, yet it surpasses the capabilities of the H20 chips that the US government currently allows for export. […]

Intel to Provide Government with Equity Stake for CHIPS Act Funding

Intel to Provide Government with Equity Stake for CHIPS Act Funding

Commerce Secretary’s Remarks on Intel and the Chips Act Commerce Secretary Howard Lutnick recently stated that in order for Intel to receive funding from the Chips Act, the company must provide fairness to the U.S. government. His comments, made during a CNBC interview, highlighted expectations for what the Trump administration will require from Intel, emphasizing […]

Chip Stocks Decline as White House Allegedly Pursues Equity for CHIPS Grants

Chip Stocks Decline as White House Allegedly Pursues Equity for CHIPS Grants

Top Line Major semiconductor stocks in Asia and the US experienced declines on Wednesday during pre-market trading. This followed news that the Trump administration might look to acquire equity in companies receiving federal grants under the Biden-era Chips Act. Important facts Commerce Secretary Howard Lutnick is exploring the possibility of acquiring stock interests in chip […]