"Not about Trump, not about US manufacturing, the CEOs say."
"Nvidia quickly shut down several possible explanations. Huang claimed it had nothing to do with Trump, who famously shook down Intel CEO Lip-Bu Tan for the United States' own 10 percent stake of Intel, shortly after shaking down Nvidia for 15 percent of its revenue selling chips to China. ( China may have just ended that.)"
"And, Huang insisted, it's not a strategic shift away from the newer Arm architecture towards the venerable x86, which has driven PCs and servers for decades. "We're fully committed to the Arm roadmap, we have lots and lots of customers for Arm," he said, adding later that "this doesn't affect any of that." Nor is it a shift from TSMC to Intel as manufacturing partner for Nvidia's chips - Huang quickly turned to effuse praise for TSMC as soon as a reporter asked - or about manufacturing in the US."
Nvidia CEO Jensen Huang and Intel CEO Lip-Bu Tan held a joint webcast explaining Nvidia's $5 billion investment in a struggling competitor. Nvidia denied the move was related to President Trump, to a shift from Arm to x86, or to changes in manufacturing strategy. Huang emphasized continued commitment to the Arm roadmap and many Arm customers. Nvidia praised TSMC and rejected the notion of switching major production to Intel. The executives framed the investment as unrelated to US manufacturing policy or geopolitical pressure during a roughly 40-minute call.
Read at The Verge
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