Linda Feldmann
Nvidia Corp. hasn鈥檛 been a household name until fairly recently 鈥 and now, with a major policy change by the Trump administration, it鈥檚 a 鈥渕ust know.鈥 Nvidia creates advanced computer chips that are critical to the development of artificial intelligence. President Donald Trump has just done a 180, allowing the company to sell its chips to rival China. In exchange, the U.S. government will get a 25% share of future sales.
As Caitlin Babcock explains today, the deal hinges on a calculation that China will become dependent on U.S. chips and unable to produce its own. If AI is the future, the stakes could not be higher.