Top Senate Democrats wrote an open letter asking President Donald Trump to rethink his decision to allow artificial intelligence chip sales to China. The deal allows chip giants Nvidia and AMD to sell advanced AI chips to China in exchange for a 15% cut of revenue from the sales.

But now, as National Security Adviser Jake Sullivan declared that September, “we must maintain as large of a lead as possible.” On October 7, 2022, the Biden administration announced a sweeping set of export controls designed to cut off China from the most advanced chips used for training powerful AI models,

The attack, dubbed “Salt Typhoon,” constituted a large part of a global campaign against telecoms, and it penetrated systems at many U.S. carriers so thoroughly that officials will almost certainly never know the full scope of the capabilities China achieved to spy on Americans’ communications.

Industry forecasts support ASML's perspective. The AI sector is projected to grow from $244 billion in 2025 to $1 trillion by 2031. While this market growth is a tailwind for both companies, ASML's attractive valuation makes it look like the more compelling AI stock to buy right now.

The unprecedented deal is part of a bargain to secure US export licenses for the Chinese market. View on euronews

When Congress passed the Export Control Reform Act in 2018, the intention was to prevent advanced technologies with military uses from falling into the hands of enemies. Under President Donald Trump,

China may rely on artificial intelligence (AI) to manage approaching economic troubles, but that is just one part of the spectrum of goals Beijing has for the burgeoning technology, experts told ...

Nvidia struck a surprising deal after convincing the president that H20 chips aren’t a national security risk. But whether the reversal is good or bad depends on who you ask.

Documents examined by researchers show how one company in China has collected data on members of Congress and other influential Americans.

Upper chamber lawmakers want answers from the Trump administration on the 15% fee Trump said NVIDIA and AMD must pay to be able to sell their more advanced products to a major U.S. adversary.

"Chinese leaders may have a lesson for the West’s AI boosters: true speed requires control," writes Brian Tse.