Trump Eyes AI Equity Stakes Amid Regulatory Push
The intersection of artificial intelligence and politics has been at the forefront of discussions in Washington this week. President Donald Trump reportedly ruled out nationalizing AI companies like OpenAI and Anthropic, instead considering whether the government could acquire equity stakes in these firms. This approach would mirror the government's stake in Intel Corp.
Meanwhile, Micron Technology reported its fiscal fourth-quarter 2026 results, surpassing analyst estimates with revenue of $54.23 billion and adjusted earnings of $33.42 per share.
Nvidia servers were allegedly tied to a China smuggling case, with authorities arresting Greg Lui for routing over $300 million worth of export-controlled computer servers without required licenses.