Trump Says US Will ‘Referee’ Nvidia’s Chip Talks with China
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With the company’s China business “100% out,” Nvidia is treating the world’s second-largest computing market as a rounding error — for now
Amid skyrocketing demand for artificial intelligence systems, the chip-making giant has been thrust into the economic feud between Beijing and Washington.
After Trump okayed the sale of Nvidia’s chips to China, it was now Beijing’s turn to take a hard stance on the chipmaker. Chinese authorities have started discouraging local industry titans from purchasing Nvidia chips. The reason for that could be because Beijing has decided to decouple its AI industry from American tech.
It’s worth keeping in mind when contemplating Palantir chief technology officer Shyam Sankar’s recent Wall Street Journal critique of Nvidia CEO Jensen Huang. Sankar writes that Huang and other “business elites” persist in allegedly denying the sinister motives behind the abundant flow of Chinese production to the United States.
Before we leap towards policies that are hurtful to other people, take a step back and maybe reflect on what are the policies that are helpful to America.”
Nvidia is the world's first $5 trillion market cap company. Huang's personal wealth has increased by $17 billion over just the past week. President Donald Trump is hinting that the US could not only open the Chinese market back to Nvidia but might even allow the chipmaker to sell its most advanced product.
At the company’s annual developers confab, Huang mentioned several times that half of the world’s AI researchers come from China.