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Yevgeny Demkivsky Author of news Mezha.media and GIK. I write about technologies, cinema and games. Perhaps about games with a little more passion.
According to Trump, he did not know anything about NVidia at first – the most valuable technological company in the world.
“I said: we will share it. And I was answered: it will be very difficult, because it controls 100% of the market,” the US President said.
After consultation with advisers, Trump acknowledged that it would be extremely difficult to create a competitive company in the case of NVIDIA separation: “I was told that even if the best minds would work together, it would take at least 10 years to catch up with NVidia, even if Huang worked poorly.”
In the end, Trump personally talked with CEO of the company and changed his opinion: “And then I met Jensen and realized why,” he added.
Jensen Juang convinced the Trump administration to allow the sale of NVidia H20 to Chi-chip, despite the restrictions, imposed because of the risks of using such technology in a competitive country. US Trade Minister Howard Latnik emphasized that it is the “fourth product capacity” designed to ensure that Chinese developers remain dependent on US technologies.
This resolution opens a new profit market for NVIDIA and enhances its position in the field of artificial intelligence. Before that, the company has already become the most expensive in history, reaching a capitalization of $ 4 trillion.
During the Baiden administration, the US Department of Justice considered the possibility of antitrust lawsuits against NVidia because of its dominance in the Shi-Chip market. But given the new position of Trump, which involves cooperation with the market leader, this is not expected in the near future.
”, – WRITE: mezha.media
Yevgeny Demkivsky Author of news Mezha.media and GIK. I write about technologies, cinema and games. Perhaps about games with a little more passion.
According to Trump, he did not know anything about NVidia at first – the most valuable technological company in the world.
“I said: we will share it. And I was answered: it will be very difficult, because it controls 100% of the market,” the US President said.
After consultation with advisers, Trump acknowledged that it would be extremely difficult to create a competitive company in the case of NVIDIA separation: “I was told that even if the best minds would work together, it would take at least 10 years to catch up with NVidia, even if Huang worked poorly.”
In the end, Trump personally talked with CEO of the company and changed his opinion: “And then I met Jensen and realized why,” he added.
Jensen Juang convinced the Trump administration to allow the sale of NVidia H20 to Chi-chip, despite the restrictions, imposed because of the risks of using such technology in a competitive country. US Trade Minister Howard Latnik emphasized that it is the “fourth product capacity” designed to ensure that Chinese developers remain dependent on US technologies.
This resolution opens a new profit market for NVIDIA and enhances its position in the field of artificial intelligence. Before that, the company has already become the most expensive in history, reaching a capitalization of $ 4 trillion.
During the Baiden administration, the US Department of Justice considered the possibility of antitrust lawsuits against NVidia because of its dominance in the Shi-Chip market. But given the new position of Trump, which involves cooperation with the market leader, this is not expected in the near future.