US officials are having early discussions on whether to let Nvidia sell its H200 artificial intelligence chips to China, according to people familiar with the matter, a contentious potential move that would mark a major win for the world’s most valuable company. US President Donald Trump’s team has held internal talks about H200 chip shipments…
A senior US Democrat is urging the Commerce Department to investigate four Chinese semiconductor firms potentially tied to Dutch chipmaker Nexperia, warning they could threaten the safety and reliability of components used in cars across the US and its allies. The request marks the latest twist in the turmoil surrounding the Chinese-owned firm, which has…
The first in-person summit between Chinese and American leaders since US President Donald Trump’s return to office marked a symbolic reset in the balance of power between the two rivals, yielding a time-bound agreement to pause escalation in their intensifying trade conflict. From freezing new tariffs and rare earth export controls to resuming key US…
A lobbying group whose board includes US firms such as Oracle, Amazon and Exxon Mobil is urging the Trump administration to immediately suspend a rule it says halted billions of dollars’ worth of US exports and will prompt China and other countries to drop US firms from their supply chains. In a letter addressed to…
Chinese drone maker DJI has appealed a US federal court’s decision that it should remain on the Pentagon’s blacklist of companies allegedly linked to China’s military. The Shenzhen-based company filed the appeal on Monday to the US Court of Appeals for the DC Circuit. DJI filed a lawsuit last October, arguing that it is not…
By Max A. Cherney SAN FRANCISCO (Reuters) -U.S. Republican Senator Tom Cotton has asked the Commerce Department to investigate Singapore-based Megaspeed for allegedly diverting Nvidia chips used for artificial intelligence, according to a letter seen by Reuters on Monday. The letter cites an October report in The New York Times that detailed the alleged diversion…
(Reuters) -The United States has approved several billion dollars worth of Nvidia chip exports to the United Arab Emirates, Bloomberg News reported on Wednesday. The Commerce Department’s Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a bilateral artificial intelligence agreement hashed out in May, the report said, citing…
Commerce Secretary Howard Lutnick says Donald Trump won’t let Elon Musk slide for the way the billionaire left his government position. Lutnick’s take on Trump’s spectacularly messy public divorce from from ex-bestie Musk came during a sit down with NewsNation host Batya Ungar-Sargon on Friday. Lutnick said that while the pair may find a way…
Intel no longer has to fulfill certain requirements or meet milestones that it was originally supposed to under the CHIPS Act, now that the government is taking a stake in the company. According to the Wall Street Journal, Intel said in a filing that it can now receive funding from the government, as long as…
By Nandita Bose and Max A. Cherney WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country, two sources said. Expanding on a plan to receive an equity stake in Intel in exchange for…