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Big Tech bosses bow before Trump’s AI circus
Published in News
Friday, 05 September 2025 09:24

Big Tech bosses bow before Trump’s AI circus


Kissing the ring while Musk is left out in the cold

The biggest names in US tech have lined up at the White House to show how much they adore Donald and Melania Trump, apparently believing fawning public displays will save their companies from regulators.

AMD freezes China GPU wafers despite fresh licences
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MI308 stays on ice 

AMD, chief financial officer, Jean Hu, slammed the breaks on China GPU production on 3 September 2025, even after getting licences from the Trump administration.

Applied Materials boss says US chip incentives barely register
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Shrugs at Washington’s pricey patriotism push

Despite a flood of government cash designed to drag chipmaking back to the US, one of the industry's key suppliers seems distinctly unimpressed.

Trump’s stake deal was all about locking Intel into foundry
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Real countries have fabs

Intel has been strong-armed into holding on to its bleeding foundry business after Donald Trump’s administration tied subsidies to an equity grab.

Nvidia’s profits sparkle but China chip freeze spooks traders
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AI darling’s data centre growth slows as H20 blacklisting bites

Nvidia has blown past earnings expectations again, but that wasn’t enough to satisfy the cocaine nose jobs of Wall Street.

Intel warns about Trump’s partial nationalisation
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US government stake could be a poisoned chalice

Troubled Chipzilla has admitted that the US government’s shiny new 9.9 per cent stake in the firm might be more of a liability than a lifeline.

Glorious people’s government secures ten per cent of Intel
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10 per cent of capitalist chipmaker Intel brought into public ownership

In a heroic triumph of state planning over market chaos, the United States people’s government has secured a 10 per cent ownership stake in the formerly unaccountable capitalist chip monopoly, Intel, transforming it into a partially nationalised asset under the watchful guidance of President Donald Trump and Secretary of Commerce Comrade Howard Lutnick.

Trump flirts with nationalising the entire chip industry
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Capitalism is failing

US President Donald Trump is so keen on nationalisation he is thinking of moving the entire semiconductor industry under some form of state control.

Trump regime forces UK to back down on Apple backdoor
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Brits drop encryption demand 

The Trump administration has browbeaten the UK government into dropping its demand for a backdoor into Apple’s encrypted data, in what is being spun in Washington as a “victory” for big American technology companies privacy.

Nvidia jacks up H20 chip prices to pay Trump tax
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Price increases passed on to China

Nvidia is hiking the price of its H20 AI chips by 18 per cent to bankroll a Trump-approved shake-down of its Chinese business.