Consumer Tech News (Nov 3-7): Trump Blocks Nvidia Blackwell AI Chip Exports, China Bans Foreign AI Chips In Data Centers & More – Adeia (NASDAQ:ADEA), Advanced Micro Devices (NASDAQ:AMD)
President Donald Trump has declared that Nvidia’s (NASDAQ:NVDA) advanced Blackwell AI chip will not be available for “other people.” This decision comes amid concerns about the potential sale of a scaled-down version to China. In a bid to reduce China’s dominance in the rare-earth magnet sector, two U.S. startups have secured a $1.4 billion deal with the Trump administration and private…