Nvidia

The Trump administration is ruling out taking a stake in tech giant Nvidia, despite recent federal equity moves in companies like Intel.

Nvidia, the world’s most valuable chipmaker, is quietly developing a new artificial intelligence chip for the Chinese market that complies with U.S. export restrictions but remains more advanced than products currently approved for sale.

President Trump negotiated a deal requiring Nvidia and AMD to give 15% of their AI chip sales revenue from China to the U.S. government.

Nvidia became the first publicly traded company to briefly exceed a $4 trillion market capitalization on July 9, 2025.

Nvidia CEO Jensen Huang has announced a major deal to supply 18,000 AI GPUs to Humain, Saudi Arabia’s newly launched state-sponsored artificial intelligence company. The announcement was made during the Saudi-US Investment Forum in Riyadh, coinciding with President Donald Trump’s visit to the kingdom.

AI powerhouse Nvidia and startup Anthropic are publicly clashing over the Biden administration’s upcoming AI chip export restrictions aimed at curbing China’s technological rise. Known as the “AI Diffusion Rule,” the policy—set to take effect May 15—has sparked a heated exchange between the two companies, highlighting growing tensions over national security and AI supremacy.

Technology company Nvidia announced that it is developing AI supercomputers and Blackwell chips entirely in the United States.