CNN Business | How the world’s most valuable company got caught in the middle of Trump’s spat with China

New York — Nvidia, the world’s most valuable company, has found itself caught in the middle of President Donald Trump’s historic trade war with China. The result: an extraordinary concession from a $4.5 trillion corporation that will give the United States a percentage of every high-end AI chip sold in China.

The deal, which AMD also signed for some of its chips, could split the difference between two competing Trump administration goals: maintain America’s AI dominance while securing a critical trade agreement with China. It could also give the White House billions of dollars to spend as it wishes.  –read more–