3 ms·
I give you 3 months before the US government takes 10% of Google, Microsoft, Amazon/AWS, Nvidia, AMD and Apple.
by belter 1y ago
I give you 3 months before the US government takes 10% of Google, Microsoft, Amazon/AWS, Nvidia, AMD and Apple.
- BeetleB 1y agoThose companies are not fighting for survival.
- coliveira 1y agoThe gov already took a big part of Nvidia profits in China.
- belter 1y agoSurvival is not the issue, it is about control. Today 10% Intel stake (non-voting, bought with already-promised CHIPS funds) puts the state on the cap table, and the 15% skim on Nvidia and AMD China sales swaps export licenses for tribute. The HN usual knee-jerk downvotes on anything about Trump admin criticism, just help normalize it.
- coliveira 1y agoFor Nvidia this is already happening. They're taking a chunk of the profits of Nvidia operations in China. The Chinese have been prescient when stopped any Intel and Nvidia chips in government and strategic areas of China.