Trump's administration imposed a 15% sales cut to China, while a meeting between Trump and Intel CEO Lip-Bu Tan took place.

The entities involved

• AMD →

  American multinational semiconductor company

  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
  • Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
• Donald Trump →

  American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)

  • Trump ended the ceasefire agreement with Iran following recent attacks by Iranian forces.Mon 18:02
  • The Trump administration utilized the Department of Health & Human Services for an AI tool.Mon 18:02
• Intel →

  American multinational technology company

  • Intel announced major partnerships with Apple and Tesla, alongside executive appointments, including Lee as VP.Mon 15:04
  • Intel announced that it has secured Tesla as its next-generation 14A customer, while also undergoing leadership changes.Mon 14:08

Related events

• The Trump administration announced a deal allowing AMD to sell chips to China despite existing US export restrictions.Jun 7
• Trump's administration imposed export restrictions on China while Chinese AI firms like Alibaba and DeepSeek continue to develop competing models.Jun 8
• AMD and Nvidia are actively seeking strategic access to the Chinese market.Sat 20:07
• US-China tech rivalry intensifies as Trump plans a state dinner for Xi Jinping, amid ongoing chip export controls and AI development races.Sep 17
• A gathering involving key figures discussed trade issues and tariff relief, noting that local firms might purchase Nvidia's new semiconductors.Mon 06:21