Trump is modeling Chinese state capitalism and there’s no going back
Last month, the Trump administration and Nvidia worked out what some have called an unusual and surprising deal for the latter to export its defeatured AI chips.
That is, President Trump reversed a decision made by his own administration to decategorize Nvidia’s H20 and AMD’s chips as a national security risk in a deal that includes a 15 percent levy to the U.S. government on sales of those chips.
Trump then followed up with a number of executive orders and an AI Action Plan. In general, U.S. and foreign AI companies, so long as they are not ideologically biased against his administration, will more or less be given a green light to build major AI infrastructure projects.
Furthermore, AI products manufactured in the U.S. could be exported to non-allied countries, including China, albeit with export controls through U.S. Department of Commerce.
Around the same time, Trump reached a deal with Intel for an unprecedented 10........© The Hill
