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Van Hollen accuses Trump of pay-to-play on chips

9 days ago
  • #National security
  • #US-China relations
  • #Technology trade
  • Congressional Democrats oppose President Trump's plan to collect 15% of profits from Nvidia and AMD chip sales to China.
  • Sen. Chris Van Hollen criticizes the plan, calling it a threat to national security and noting bipartisan opposition.
  • Van Hollen emphasizes the need for expert determination on which chips could advance China's AI and military capabilities.
  • The White House defends its arrangement with Nvidia and AMD regarding chip sales to China.