Nvidia has decided to slash prices in China in an effort to compete with Huawei in the chip market. This move comes after Huawei announced plans to ramp up production of its own chips, posing a threat to Nvidia’s market share. By reducing prices, Nvidia hopes to maintain its position as a leading chip manufacturer in the region.
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Trump fires FTC commissioners, setting up a legal battle
President Trump fired Democratic FTC commissioners Rebecca Kelly Slaughter and Alvaro Bedoya, challenging a 1935 Supreme Court precedent against firing commissioners without "good cause." Slaughter called the firings "illegal" and accused Trump of being afraid of her voice. The Trump administration has been challenging the authority of independent regulatory agencies like the FTC. Full Article
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