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China reportedly discouraged purchase of NVIDIA AI chips

The Financial Times · 1d

China turns against Nvidia’s AI chip after ‘insulting’ Howard Lutnick remarks

Beijing’s move to restrict sales of Nvidia’s China-specific artificial intelligence processor was prompted by remarks from US commerce secretary Howard Lutnick about chip exports that officials found “insulting”. A group of Chinese regulators have ...

Engadget on MSN · 14h

China reportedly discouraged purchase of NVIDIA AI chips due to 'insulting' Lutnick statements

Chinese regulators reportedly dissuaded local companies from purchasing NVIDIA's H20 chips, because they found certain statements by US commerce secretary Howard Lutnick "insulting." According to the Financial Times,

TechStory · 7h

China Reportedly Turns Against Nvidia After Howard Lutnick’s ‘Insulting’ Remarks

China restricts Nvidia chip sales after US official Howard Lutnick's "insulting" remarks about not selling them the best tech

Trump administration vying to own a big stake in Intel

‘This is Socialism!’ Conservative Radio Host Slams Trump Admin For Wanting Stake In Private Company

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City"

Seattle Times · 2d

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers

Washington Examiner on MSN · 16h

Trump administration Intel proposal criticized as ‘socialism’ by conservatives

President Donald Trump’s flirtation with the idea of the federal government acquiring a 10% stake in the United States computer design and manufacturing company Intel has rankled conservatives. The acquisition would represent one of the largest stakes in Intel,

21hon MSN

Howard Lutnick's 'Insulting' Words Trigger Backlash In Beijing As Regulators Pressure Alibaba, ByteDance To Shun Nvidia Chips: Report

Beijing has reportedly moved to curb sales of Nvidia Corporation's NVDA China-specific AI chip after U.S. Commerce Secretary ...

1don MSN

Chip Stocks Fall As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

2d

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

2d

Lutnick says U.S. wants Intel stake for chip grant funding

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act ...

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