Trump’s chip deal: has a new ‘pay-to-play’ era in China trade begun?

For quid pro quo Trump, it’s pay-to-play in China

When Congress passed the Export Control Reform Act in 2018, the intention was to prevent advanced technologies with military uses from falling into the hands of enemies. Under President Donald Trump, export controls serve a different function: they give Trump leverage over private companies. Microchipmaker Nvidia reportedly won a license to export some of its artificial intelligence chips to China, not because the Trump administration concluded …

Why Nvidia and AMD’s China pay-to-play deal with Trump could backfire

Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week via email here. Why Nvidia’s and AMD’s China deal with Trump could backfire The companies making the most money from the AI boom are the ones selling the processors, such as Nvidia and AMD. On Monday those two chip giants cut a deal with the Trump administration that will allow…

Trump’s chip deal: has a new ‘pay-to-play’ era in China trade begun?

US’ ‘unprecedented’ move to take a 15 per cent cut of some chip sales to China creates new risks and conflicts of interest, analysts warn.

Bessent: Nvidia, AMD Chip Arrangement Could Be 'Beta Test' for Future Export Deals

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