The president decided against discussing the matter with Chinese leader Xi Jinping after top aides opposed it.

(Reuters) -Nvidia's advanced Blackwell chip for artificial intelligence would not be available to "other people," U.S. President Donald Trump said Sunday. Nvidia, the world's most valuable company, dominates the market for AI chips.

ABU DHABI (Reuters) -Microsoft plans to invest over $15 billion in the United Arab Emirates in the seven years to the end of 2029 and has secured export licenses from the Trump administration to ship advanced chips to the Gulf country,

China has increased subsidies that cut energy bills by up to half for some of the country's largest data centres, the Financial Times reported on Monday, citing people familiar with the

With over $100 million in funding, backed by firms including Peter Thiel’s Founders Fund and General Catalyst, the company is valued at over $1 billion, according to the Wall Street Journal. But industry experts say ASML has a 10-year head start navigating the overwhelming expenses and technical challenges involved in building advanced microchips.

Mr. Proud, who became a U.S. citizen in 2019, put together a policy paper for the first Trump administration, calling for a Manhattan Project for U.S. chipmaking. “This is going to be a problem, and it’s going to get worse,” Mr. Proud said he had told administration officials.

A Maryland high schooler was cuffed by police after AI falsely flagged his bag of chips as a firearm. In bodycam video, a police officer is heard saying: "AI's not the best."

Nvidia partners with South Korea’s government and tech giants to supply 260,000+ GPUs, fueling the nation’s $10B push to become an AI superpower.