#jensenhuang

@TheBadPlace@mastodon.ozioso.online · 1d ago

The New Republic | Trump Has Made Bank Off Stocks From Companies With Federal Contracts by Edith Olmsted AI generated summary, Read the full article for complete information. Donald Trump has reportedly profited from millions of dollars in stock trades involving tech firms and government contractors that benefit from federal contracts, including Nvidia, AMD, Palantir, and others, according to a financial disclosure cited by NOTUS. The filing shows he bought sizable positions in Nvidia in early February and January 2026—coinciding with the company’s AI chip deals with Meta and subsequent approvals for sales to China—while also purchasing AMD stock that was later cleared for Chinese customers, and repeatedly buying and selling Palantir shares around large Department of Homeland Security contracts and his own public calls for investors to buy the stock. In the first quarter of 2026, Trump shifted from bonds to more than 3,600 individual trades, prompting the White House to claim his family was unaware of the transactions, a stance critics denounce as blatant corruption and market manipulation by the president who oversees the very agencies awarding these contracts. Read more: https://newrepublic.com/post/210518/donald-trump-stocks-federal-contracts #DonaldTrump #Nvidia #Meta #JensenHuang #AMD #Palantir #HomelandSecurity #WhiteHouse #AI #breakingnews #governmentcontracting #insidertrading #politics #republicanparty #stockmarket #stocks #technology

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@TheBadPlace@mastodon.ozioso.online · 3d ago

9News | The motley crew of billionaires tagging along on Trump's China visit by 9News AI generated summary, Read the full article for complete information. Donald Trump arrived in Beijing atop Air Force One accompanied by a heavyweight delegation of U.S. business leaders and billionaires whose combined net worth exceeds a trillion dollars, including Elon Musk, Tim Cook (referred to as “Tim Apple”), Jensen Huang of NVIDIA, leaders from Apple, Boeing, Meta, Mastercard, Visa, Goldman Sachs, Micron and others, as well as filmmaker Brett Ratner. Trump announced that his first request of President Xi will be to “open up” China for these companies to make deals, hoping to revive U.S.‑China trade after recent tariffs that have slashed Chinese purchases of American goods. The entourage also sparked controversy, with Musk facing potential legal trouble for traveling abroad despite a court order, and Trump defending the inclusion of Huang after a media report claimed he had been snubbed. The trip underscores Trump’s pattern of surrounding himself with corporate titans to pursue economic and diplomatic goals in China. Read more: https://www.9news.com.au/world/donald-trump-china-visit-beijing-elon-musk-billionaires-apple-boeing-tesla-brett-ratner-usa-news/ab06c2f2-4bdd-4b78-9f1e-1e779a0abba4 #DonaldTrump #ElonMusk #TimCook #GoldmanSachs #JensenHuang #LarryFink #StephenSchwarzman #KellyOrtberg #BrianSikes #JaneFraser #larryculp #DavidSolomon #SanjayMehrotra #CristianoAmon #BrettRatner

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@TheBadPlace@mastodon.ozioso.online · 4d ago

Times of India | After reports of Nvidia CEO Jensen Huang missing Trump’s China visit, US President says ‘Jensen is currently ...’ AI generated summary, Read the full article for complete information. US President Donald Trump reportedly called Nvidia CEO Jensen Huang on the morning of May 12, urging him to join the President’s China delegation, and Huang subsequently boarded Air Force One for the trip. Trump confirmed Huang’s participation in a Truth Social post, listing other tech leaders such as Elon Musk, Tim Cook, Larry Fink, and several CEOs who will travel to China to meet President Xi Jinping, with the President’s agenda focused on agriculture and commercial aviation rather than high‑end semiconductors. The article notes that while the administration has cleared Nvidia’s H200 AI chips for export to China, the deals have stalled due to Chinese regulatory hurdles, and Trump plans to ask Xi to “open up” China for these industry leaders. Read more: https://timesofindia.indiatimes.com/technology/tech-news/after-reports-of-nvidia-ceo-jensen-huang-missing-trumps-china-visit-us-president-says-jensen-is-currently-on-/articleshow/131057141.cms #JensenHuang #DonaldTrump #Nvidia #XiJinping #Qualcomm #ElonMusk #TimCook #LarryFink #StephenSchwarzman #KellyOrtberg #BrianSikes #JaneFraser #larryculp #DavidSolomon #SanjayMehrotra #CristianoAmon

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · 4d ago

Sweden Herald - Latest Sweden News | Trump to ask China to open up to American companies during visit by Sweden Herald AI generated summary, Read the full article for complete information. U.S. President Donald Trump announced that during his three‑day visit to China he will ask President Xi Jinping to “open up” the country to American companies, bringing top executives such as Nvidia CEO Jensen Huang and Tesla CEO Elon Musk on the presidential plane. Trump posted on Truth Social that he wants “these brilliant people” to be able to work their magic, and the administration hopes the trip will lead to a trade council aimed at preventing a trade war. The American delegation lands on Wednesday, with talks scheduled for Thursday and Friday. Read more: https://swedenherald.com/article/trump-to-ask-china-to-open-up-to-american-companies-during-visit #DonaldTrump #XiJinping #ElonMusk #China #businessnews #JensenHuang

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@TheBadPlace@mastodon.ozioso.online · May 04, 2026

The Atlantic | The Venture-Capital Populist by George Packer AI generated summary, Read the full article for complete information. The article traces how venture capitalist David Sacks, a longtime libertarian‑conservative who built his fortune through PayPal, the “PayPal Mafia,” and later investments in Facebook, SpaceX, crypto and AI, moved from publicly condemning Donald Trump after the Jan. 6 insurrection to becoming a key architect of the new tech‑right’s alliance with the MAGA movement. In June 2024 Sacks hosted a $12 million fundraiser for Trump on “Billionaires’ Row,” which helped seal Senator J.D. Vance’s selection as the former president’s running mate and signaled a broader embrace of Trump among Silicon Valley elites. The piece details Sacks’s appointment as the White House’s special adviser on AI and crypto, the conflict‑of‑interest waivers that let him keep his venture‑capital firm while shaping policy, and his push for a pro‑crypto regulatory framework (the GENIUS Act) while advocating minimal regulation of AI and aggressive export of U.S. AI chips—even to China. The author argues that Sacks’s self‑interest‑driven populism has fused venture‑capital wealth with government power, reshaping American tech policy in ways that privilege the industry’s richest players at the expense of broader democratic and regulatory safeguards. Read more: https://www.theatlantic.com/magazine/2026/06/david-sacks-crypto-ai-venture-capital/686941/?utm_source=feed #DavidSacks #DonaldTrump #CraftVentures #Nvidia #GENIUSAct #ChamathPalihapitiya #JDVance #ElonMusk #JensenHuang

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@TheBadPlace@mastodon.ozioso.online · May 03, 2026

Opinion Voices | Abcarian: Take a cue from the California billionaire unbothered by a targeted tax by Robin Abcarian AI generated summary, Read the full article for complete information. Robin Abcarian argues that the richest Americans’ penchant for tax avoidance is a cultural flaw, pointing to figures like Leona Helmsley and Donald Trump as emblematic of the belief that “only the little people pay taxes.” She critiques the conspicuous consumption of billionaires such as Jeff Bezos and the Republican push for tax cuts, noting that California’s proposed one‑time 5 % billionaire tax—designed to raise about $100 billion over five years for the state’s faltering healthcare system—targets those who have benefited from federal tax cuts while paying far less than average citizens. The initiative, backed by the Service Employees International Union‑United Healthcare Workers West, has gathered enough signatures for the November ballot, but faces challenges: many of California’s 200‑plus billionaires have already relocated to states like Nevada, Florida and Texas, potentially eroding the projected revenue; opponents warn of constitutional and enforcement difficulties, while supporters cite tech leader Jensen Huang’s acceptance of the tax as a model. Abcarian concludes that, unlike permanent wealth taxes in other countries, this one‑off levy could fund essential services, but its success hinges on preventing wealthy flight and overcoming legal obstacles. Read more: https://www.latimes.com/opinion/story/2026-05-03/california-billionaire-tax-eat-rich #LeonaHelmsley #DonaldTrump #SEIU #JensenHuang #HillaryClinton #SergeyBrin #LarryPage #PeterThiel #MarkZuckerberg #LarryEllison

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@TheBadPlace@mastodon.ozioso.online · May 01, 2026

US Top News and Analysis | Lutnick gets grilling on Nvidia chip sales to China in letter from Sen. Chris Coons AI generated summary, Read the full article for complete information. Sen. Chris Coons, D‑Del., has written to Commerce Secretary Howard Lutnick demanding details on the export of Nvidia’s H200 artificial‑intelligence chips to China after Lutnick testified to a Senate subcommittee that no such chips had been sold, a statement that contradicts Nvidia CEO Jensen Huang’s claim that both U.S. and Chinese governments had approved the sales. Coons said he is “deeply concerned” that licensing these chips could pose a serious risk to U.S. national‑security and economic leadership, and he asked the Commerce Department to disclose how many H200 chips have received export licences, how many have been shipped, and how many additional licences it plans to issue. Read more: https://www.cnbc.com/2026/05/01/nvidia-chips-jensen-huang-h200-lutnick-chris-coons.html #HowardLutnick #ChrisCoons #Nvidia #JensenHuang #Trumpadministration #DonaldTrump #XiJinping

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 01, 2026

Times of India | Nvidia CEO Jensen Hunag says AI has created 500,000-plus jobs, companies that use AI ... AI generated summary, Read the full article for complete information. Nvidia CEO Jensen Huang told the “Memos to the President” podcast that artificial intelligence has already created more than 500,000 jobs, emphasizing that firms that adopt AI tend to expand faster and therefore hire more workers. He framed AI as one of the biggest opportunities for the U.S. economy, capable of reviving domestic manufacturing, spawning new industries and adding trillions of dollars in value, while acknowledging that some roles may be displaced but highlighting that the overall impact depends on how economies adapt to the technology. Read more: https://timesofindia.indiatimes.com/technology/tech-news/nvidia-ceo-jensen-hunag-says-ai-has-created-500000-plus-jobs-companies-that-use-ai-/articleshow/130675553.cms #Nvidia #JensenHuang #AI

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · Apr 25, 2026

Irish Independent : Independent | Are plumbers and electricians really the new millionaire class? AI generated summary, Read the full article for complete information. Plumbers, electricians and other skilled tradespeople are being hailed as the emerging “millionaire class” as artificial‑intelligence advances threaten many office jobs. Nvidia’s chief Jensen Huang has warned that AI‑proof occupations such as electricians, plumbers and carpenters will be the real winners of the AI boom, and in Ireland the trend is already reshaping career advice: parents are reconsidering university routes for their children, and the once‑niche story of a lucrative trade is now mainstream. The rising demand for these professions reflects a broader shift toward valuing hands‑on expertise in a market where traditional graduate jobs appear less secure. Read more: https://www.independent.ie/business/money/are-plumbers-and-electricians-really-the-new-millionaire-class/a68947841.html #Nvidia #JensenHuang #digitaleconomy #AI AI generated summary, Read the full article for complete information.

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@TheBadPlace@mastodon.ozioso.online · Apr 07, 2026

Yahoo Finance | Wall Street's Most Consequential Company -- Whose Shares Have Gained 464,000% Since 1999 -- Turns 33 Today Wall Street's Most Consequential Company -- Whose Shares Have Gained 464,000% Since 1999 -- Turns 33 Today You may not realize it, but what's arguably become the most important publicly traded company of our generation was founded 33 years ago today. On April 5, 1993, Nvidia (NASDAQ: NVDA) was cofounded in Sunnyvale, CA, by Jensen Huang (the company's current CEO), Chris Malachowsky, and Curtis Priem. Although Nvidia was best-known for its graphics processing units (GPUs) used in PC gaming for decades, it's the company's artificial intelligence (AI) contributions that have sent its shares up nearly 464,000%, including dividends paid, since its initial public offering in January 1999. Read more: https://finance.yahoo.com/markets/stocks/articles/wall-streets-most-consequential-company-122600288.html #nvidia #jensenhuang #nasdaq #cuda

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@TheBadPlace@mastodon.ozioso.online · Mar 25, 2026

bing news | Mark Zuckerberg and Jensen Huang are part of Trump’s new ‘tech panel’ Mark Zuckerberg, Meta’s CEO, and Nvidia’s CEO Jensen Huang have been named to President Trump’s newly formed President’s Council of Advisors on Science and Technology (PCAST). The inaugural four members also include Oracle CTO and executive chairman Larry Ellison and Google co‑founder Sergey Brin. The 13‑member panel – which could expand to 24 – will be co‑chaired by Trump’s AI and crypto czar David Sacks and White House tech adviser Michael Kratsios, and is tasked with advising the president on AI policy, the economy, education, and both national and homeland security. According to the White House’s January announcement, PCAST will provide scientific and technical information to inform public policy on the American economy, the workforce, and security issues. This new iteration differs from the panel Trump appointed during his first term, which featured far fewer tech executives. Zuckerberg and Huang bring deep ties to the AI industry, a sector that the administration has been urging states not to regulate. Both Zuckerberg and Ellison also have a history with Trump’s administration: Meta has faced legal battles over children’s safety and has donated to Trump, while Oracle helped facilitate the government’s divestiture of TikTok earlier this year. Zuckerberg and Brin attended Trump’s 2025 inauguration. A correction to the original story clarifies that Larry Ellison is no longer Oracle’s CEO; he serves as the company’s chief technology officer and executive chairman. The council’s formation highlights the administration’s focus on leveraging top technology leaders to shape policy on emerging scientific and technological challenges. Read more: https://www.theverge.com/policy/900340/trump-tech-panel-mark-zuckerberg-jensen-huang #markzuckerberg #jensenhuang #donaldtrump

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Charlie Stross @cstross@wandering.shop

In reply to

Guillotine Jones, Flâneur

@Guillotine_Jones@beige.party · Dec 08, 2025

@pluralistic@mamot.fr This classic Ed Zitron article will tell you more than you ever wanted to know about how corrupt CEOs advance their corporate juggernauts by any means they can get away with. You'll also find out why NVIDIA's strange growth strategies are curiously reminding people of such historic market disasters as Lucent, WorldCom, and Enron. In ironically saying that NVIDIA is NOT Enron, Sitron made ME think that that's only because the scale of the financial stakes are much higher today -- and, potentially more devastating. Also the US currently has a regime that is all-in on making as much as they can off this scam before the bubble bursts. Trust me, a lot of speculators are already shorting Ai stocks as fast as they can -- knowing that the party is about to come screeching to a halt. Slightly of-topic side note: Trump is about to achieve a trifecta: crashing the US government and with it the economy, causing a stock market crash that will make Hoover's look minor by comparison, and destabilizing the world order leading to multiple new wars. #NVIDIA #Ai #JensenHuang #EdZitron #USPolitics #Capitalism

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