Trump Eyes AI Chip Restrictions on Malaysia and Thailand
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The U.S. has banned the sale of advanced Nvidia (NVDA) chips to China, although President Trump seeks to further quell the smuggling of these chips from Southeast Asian countries to Beijing. This move would represent Trump's first step in implementing a new AI chip export policy after he decided to revoke former President Biden's AI Diffusion rule.
New AI Chip Restrictions Likely to Hike Tensions
The curbs will likely stir tensions with China after the two sides sealed a trade agreement last month. They also mark a stark change in U.S. sentiment after lifting export curbs on domestic chip-design software companies to China earlier this week, benefiting Synopsys (SNPS) and Cadence Design Systems (CDNS).
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- Yahoo
Musk Announces New America Party Is Formed Amid Trump Split
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The Tesla CEO had opened a poll on July 4, Independence Day, asking his more than 220 million followers if he should create the new political party. Over 65% of the more than 1.2 million respondents voted 'yes.' Read More: Musk Renews Promise to Start New Rival Political Party as Trump Debates Deporting Him Musk went on to share his potential strategy for 'gaining independence from the two-party system,' arguing that he might try to 'laser-focus on just two or three Senate seats and eight to 10 House districts' for his party. 'Given the razor-thin legislative margins, that would be enough to serve as the deciding vote on contentious laws, ensuring that they serve the true will of the people,' Musk elaborated. But as for what exactly Musk plans to do with his rival third party is largely open for discussion. 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USA Today
16 minutes ago
- USA Today
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