Particle.news
Download on the App Store
3 ARTICLES
·
2d ago

Trump Abandons Nvidia Breakup Plan and Lifts AI Chip Curbs

The president’s AI Action Plan rescinded export bans on Tensor Core GPUs to boost US AI leadership under a DOJ antitrust probe.

Earlier this month, the company made history when it became the first in the world to reach a market value of $4 trillion.
Trump

Overview

  • At a Washington AI summit this week, Trump revealed he briefly considered breaking up Nvidia before meeting CEO Jensen Huang and assessing the company’s complexity.
  • His AI Action Plan overturned export restrictions on H200 chips and reversed earlier bans on H20 GPU exports to China after lobbying by Nvidia leadership.
  • The measures also loosened federal permitting requirements for AI data-center construction to accelerate domestic infrastructure growth.
  • The Department of Justice has maintained its antitrust investigation into Nvidia since last year, examining the company’s dominant position in AI chip markets.
  • SK Hynix reported a record $6.7 billion Q2 profit and said customers are stockpiling chips ahead of potential U.S. tariffs, underscoring robust supply-chain investment.