Trump Authorizes Crackdown on Companies Diverting Nvidia Chips to China

On Thursday, President Trump authorized a crackdown on companies suspected of diverting Nvidia chips to China, marking the third such incident this year, according to Axios. The action is part of the U.S. government’s broader effort to curb the transfer of advanced semiconductor technology to China, a move that has raised national security concerns. Sources say the president consulted billionaire Elon Musk before issuing the directive, highlighting the high-profile nature of the issue. The crackdown follows earlier investigations and sanctions against firms that have violated export controls, signalling a tougher stance on technology transfer.