Partnerships and government contracts fuel optimism At the GTC conference on Tuesday, Nvidia’s CEO went out of his way to repeatedly praise Donald Trump and his policies for accelerating domestic tech investment while warning that excluding China from Nvidia’s ecosystem could limit US access to half the world’s AI developers. The overall event stressed Nvidia’s… Read More »
Share valuations based on past earnings have also reached their highest levels since the dotcom bubble 25 years ago, though the BoE noted they appear less extreme when based on investors’ expectations for future profits. “This, when combined with increasing concentration within market indices, leaves equity markets particularly exposed should expectations around the impact of… Read More »
Trump’s plan was not welcomed by everyone. J.B. Branch, Big Tech accountability advocate for Public Citizen, in a statement provided to Ars, criticized Trump as giving “sweetheart deals” to tech companies that would cause “electricity bills to rise to subsidize discounted power for massive AI data centers.” Infrastructure demands and energy requirements Trump’s new AI… Read More »
Chinese firms have begun rushing to order Nvidia’s H20 AI chips as the company plans to resume sales to mainland China, Reuters reports. The chip giant expects to receive US government licenses soon so that it can restart shipments of the restricted processors just days after CEO Jensen Huang met with President Donald Trump, potentially… Read More »
The reconciliation bill primarily focuses on cuts to Medicaid access and increased health care fees for millions of Americans. The AI provision appears as an addition to these broader health care changes, potentially limiting debate on the technology’s policy implications. The move is already inspiring backlash. On Monday, tech safety groups and at least one… Read More »
The changing face of chip export controls The Biden-era chip restriction framework, which we covered in January, established a three-tiered system for regulating AI chip exports. The first tier included 17 countries, plus Taiwan, that could receive unlimited advanced chips. A second tier of roughly 120 countries faced caps on the number of chips they… Read More »
Nvidia announced plans today to manufacture AI chips and build complete supercomputers on US soil for the first time, commissioning over one million square feet of manufacturing space across Arizona and Texas. The politically timed move comes amid rising US-China tensions and the Trump administration’s push for domestic manufacturing. Nvidia’s announcement comes less than two… Read More »
That’s not the only uncertainty at play. Just last week, House Speaker Mike Johnson—a staunch Trump supporter—said that Republicans “probably will” repeal the bipartisan CHIPS and Science Act, which is a Biden initiative to spur domestic semiconductor chip production, among other aims. Trump has previously spoken out against the bill. After getting some pushback on… Read More »
As Donald Trump’s campaign stirs controversy by using Taylor Swift’s music, the clash between the former president and the pop star has captured widespread attention. Trump’s history of criticizing Swift due to her supporting his opponent Kamala Harris, combined with his use of her song “22” without permission, highlights the ongoing tension between politics and… Read More »
Former NBC marketing executive John D. Miller recently shared his thoughts on Donald Trump‘s rise to fame through the reality show, The Apprentice. Miller explained that the show played a significant role in shaping the former president’s public image. This comes after Miller’s recent essay, wherein he acknowledged the impact of the program on Trump’s… Read More »