Gavin Newsom pushes back on Trump AI executive order preempting state laws

Broadcom's shares have significantly declined following a disappointing sales outlook that failed to meet investor expectations, mirroring a similar trend seen with Oracle's recent struggles in the AI sector. This downturn comes despite Broadcom reporting record revenue growth, highlighting investor concerns about future profitability.

China has decided to reject the purchase of Nvidia's H200 AI chips, as stated by David Sacks, who claims the country aims for semiconductor independence and intends to support Huawei. This decision comes amid U.S. efforts to facilitate Nvidia's sales to China, which were previously restricted due to national security concerns.

China has decided to reject Nvidia Corp.'s H200 AI chips, opting instead for domestically developed semiconductors, as stated by White House AI czar David Sacks. This move comes in response to the U.S. strategy that previously allowed Nvidia to sell these chips to approved customers in China, which has now shifted due to national security concerns.

White House AI czar David Sacks defended President Donald Trump's executive order aimed at streamlining artificial intelligence regulations by reducing the compliance burden on companies and establishing a unified oversight standard in collaboration with Congress. This move seeks to limit state-level regulations that could complicate AI development and deployment.

President Donald Trump signed an executive order aimed at preventing state-level regulations on artificial intelligence (AI) through legal actions and funding cuts, a move that has been welcomed by technology industry leaders advocating for a unified regulatory approach. David Sacks, the White House AI and Crypto Czar, discussed the implications of this order on Bloomberg Tech.

On December 12, 2025, President Donald Trump signed an executive order that threatens to cut federal funding to states whose artificial intelligence (AI) regulations hinder innovation. This move is part of an effort to establish a unified federal framework for AI oversight, which the administration argues is necessary to prevent state-level regulations from stifling technological advancement.

Donald Trump signed an executive order aimed at preventing states from regulating artificial intelligence (AI), establishing a federal taskforce to challenge state laws on the technology. The order reflects the administration's intent to create a unified regulatory framework for AI, which the president argues is essential for fostering innovation and investment in the sector.

U.S. President Donald Trump signed an executive order aimed at establishing a unified federal regulatory framework for artificial intelligence (AI), intending to preempt a growing number of state laws that could create a fragmented regulatory environment. The order emphasizes the need for a central source of approval for AI regulations.