- I could see an Nvidia arrangement in other cases over time.
- I don’t want Huawei to have a digital belt and road.
- Taxpayer gets a benefit from NVIDIA China sales.
- A lot of Chinese tech is piggybacking from the US.
- We can discuss with China the use of Nvidia chips.
- We don’t want to sell everything to everybody.
- Will use revenue from semiconductors to pay down US debt.
The deal he is talking about is the one that Trump made with the chipmaker Nvidia (and AMD) to allow the company to sell certain AI chips to China in exchange for a cut of the revenue (15%), which would go to the U.S. government.
This article was written by Giuseppe Dellamotta at investinglive.com.