On July 26, former President Trump revealed at a Washington AI summit that he had contemplated dismantling NVIDIA to disrupt its dominant position in the AI chip market and foster greater competition. Initially inclined to pursue a breakup, Trump revised his stance after a detailed briefing highlighted NVIDIA’s substantial technological edge and entrenched ecosystem, underscoring the challenges of replacing the company swiftly. He acknowledged the complexity of such regulatory actions, stating, “This is not easy.”
Significantly, Trump publicly commended NVIDIA CEO Jensen Huang during the event, with Huang reciprocating praise by emphasizing the unique advantages of U.S. leadership in technology and governance. Their exchange signals a potential shift toward a more nuanced approach to AI oversight, balancing innovation with regulatory frameworks amid growing scrutiny of tech giants.
Amid heightened interest in AI and technology equities, retail investors are increasingly seeking accessible investment avenues. BiyaPay now facilitates USDT trading for U.S. and Hong Kong stocks, enabling real-time exposure to leading tech companies like Tesla and NVIDIA without the need for offshore accounts. As regulatory policies and capital markets evolve, BiyaPay aims to maintain secure, user-friendly platforms for global investment opportunities in the AI-driven economy.