Trump Weighing Advanced Nvidia Chip Sales to China, Lutnick Says

US Commerce Secretary Howard Lutnick emphasized the need for the European Union to ease technology regulations while discussing potential steel and aluminum trade agreements. He also addressed the implications of selling Nvidia's H200 chips to China and the upcoming Supreme Court ruling on tariffs from the Trump Administration during an interview on Bloomberg Surveillance.

Commerce Secretary Howard Lutnick announced that the decision to authorize sales of Nvidia’s H200 artificial intelligence chips to China is currently awaiting President Donald Trump's approval. This move comes amid ongoing discussions about the implications of such sales on national security, as highlighted during Lutnick's appearance on Bloomberg Surveillance.

WeRide Inc. has reported a reduced net loss for the third quarter, attributed to an increase in robotaxi orders, as the company competes in the expanding global market for autonomous taxis. This development indicates a positive trend for WeRide amidst a competitive landscape in the driverless vehicle sector.

The latest developments in artificial intelligence have seen a surge in truly open model releases, particularly in the U.S. and China, highlighting a competitive landscape where innovation is rapidly evolving. This month has been marked by significant advancements in state-of-the-art (SOTA) models, reflecting a trend towards openness in AI development.

The United States is significantly investing in rare-earth technology to reduce China's dominance in the sector, focusing on the industrial processes that convert ore into high-purity materials essential for modern technology. This move comes as rare-earth elements are crucial for various applications, including smartphones and electric vehicles.

Chip companies in South Korea, Taiwan, and China are increasing salaries and bonuses for chip engineers as competition for a limited talent pool intensifies. This trend reflects the growing demand for skilled professionals in the semiconductor industry, driven by advancements in technology and the need for innovation.

TP-Link Systems Inc., a major Wi-Fi manufacturer founded in China, is attempting to assure US national security officials of its independence from Beijing amid scrutiny over its factory in Vietnam, where products are produced for the US market.