World News
Trump bought Nvidia stock as he helped chipmaker with change to export rule
Source: World news | The Guardian · Published
President purchased up to $5m of stock before revoking Biden-era rule that limited Nvidia’s ability to sell to China Donald Trump bought Nvidia stock worth millions of dollars as he made decisions on America’s China policy that would benefit the chipmaker, an analysis has found .
President purchased up to $5m of stock before revoking Biden-era rule that limited Nvidia’s ability to sell to China Donald Trump bought Nvidia stock worth millions of dollars as he made decisions on America’s China policy that would benefit the chipmaker, an analysis has found . In May 2025, Trump’s administration rescinded a Biden-era rule designed to prevent the most advanced US-made AI chips from being exported to China. Continue reading...
Related stories
Nvidia turmoil continues as Jensen Huang resigns over affairs scandal and company appoints interim CEO – as it happened
Nvidia’s value slumps by $888bn this week as scandal over longtime CEO’s two affairs, including with a suspected Chinese spy, engulfs chip maker Analysis: Jensen Huang built an AI kingdom. What now? Full report: Jensen Huang resigns as Nvidia CEO Too big – and too well-connected
World news | The Guardian ·
Trump set to head to Asia while questions about Nvidia's future swirl
President Trump gears up for a consequential trip to Asia for key conferences that will focus on trade and national security.
NPR Topics: World ·
Nvidia scandal: US treasury chief blames Lutnick’s commerce department over alleged lack of action
US commerce secretary faces sack as questions emerge over senior Trump officials’ knowledge of alleged Chinese spy’s ties to Jensen Huang US politics – live updates The US commerce secretary, Howard Lutnick, is facing growing pressure over his apparent lack of action over the Nvi
World news | The Guardian ·
US supreme court agrees to consider Trump’s ban on asylum at US-Mexico border
Trump officials seek to overturn lower court rulings that found executive order banning asylum applications illegal The US supreme court agreed on Friday to consider Donald Trump’s ban on asylum at the US-Mexico border , a pillar of the Republican president’s far-reaching crackdo
World news | The Guardian ·
How will the US deal with Nvidia scandal?
Tech giant CEO resigned and will testify before Congress.
Al Jazeera – Breaking News, World News and Video from Al Jazeera ·