The Rupert Murdoch–owned Wall Street Journal has mocked a deal announced by Donald Trump that allows powerful artificial intelligence chips to be exported from the U.S. to China in return for a small cut of the revenue.
The paper’s editorial board questioned why the president approved a deal that will let Nvidia sell its H200 chip, one of the company’s most advanced AI processors, to a top U.S. adversary and economic rival in exchange for the Treasury receiving a 25 percent cut of the sales.
“The Indians struck a better deal when they sold Manhattan to the Dutch. Why would the president give away one of America’s chief technological advantages to an adversary and its chief economic competitor?” the board wrote. They were referring to the indigenous Lenape people giving up Manhattan Island in 1626 for a trivial consignment of goods and trinkets.
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