Technology7/23/2025The Verge

Trump wanted to break up Nvidia — but then its CEO won him over

Trump wanted to break up Nvidia — but then its CEO won him over

The article discusses how President Donald Trump initially wanted to break up Nvidia, the world's most valuable tech company, but then changed his mind after learning more about the company and its CEO, Jensen Huang. Trump was unaware of Nvidia's dominance in the AI chip market, with the company controlling 100% of the market. After being informed that breaking up Nvidia would be very difficult and take at least 10 years, Trump backed away from the idea. He later got to know Huang and realized why it would have been a mistake to break up the company. Furthermore, the article mentions that the Trump administration allowed Nvidia to sell its H20 chips to China, reversing a previous decision due to concerns about China's AI capabilities. This move has been a boon for Nvidia, which has become the first publicly traded company worth $4 trillion. The article also notes that the Biden administration had been investigating Nvidia on antitrust grounds, but Trump's apparent change of heart suggests a lawsuit is unlikely.

Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.

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