In his first term as president, Donald Trump banned China’s Huawei from using American EDA tools. Huawei is seen as an emerging competitor to Nvidia with its “Ascend” AI chips. Nvidia chief executive Jensen Huang recently warned that successive attempts by American administrations to hamstring China’s AI ecosystem with export controls had failed.

Tencent and Baidu said stockpiling chips, optimizing AI models and using home-grown semiconductors have helped them progress with the tech.

In a significant move, former President Trump ordered U.S. chip design companies, such as Cadence, Synopsys, and Siemens EDA, to cease technological collaborations with Chinese firms. This decision, executed through the Commerce Department,

President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global supply chains.

The merger signals China’s push for tech self-reliance, forcing global leaders to rethink chip supply chains and standards.

Trump targets China’s chip dreams, blocking top U.S. software tools vital to designing AI and advanced semiconductors.

North Korean leader Kim Jong Un led a party meeting on strengthening the military on Wednesday and inspected an artillery drill on Thursday, state media KCNA said on Friday.

The Chinese technology giant is slated to introduce a 3-nanometer mobile chip this week and plans to invest nearly $7 billion in chip design over at least 10 years, its founder said.

Nvidia reported over $44 billion in revenue in its first quarter earnings call but had charges tied to exporting restrictions placed on its H20 chip.