Reported about 9 hours ago
Under the second Trump administration, corporate leaders are adopting 'pay-to-play' strategies, where companies like Nvidia and AMD may give 15% of their chip sales in China to the government in exchange for favorable conditions. This raises concerns about the blurred lines between government control and free-market capitalism, as analysts express worries that this mercantilist approach could extend beyond semiconductors to other industries, potentially undermining the independence of private enterprises.
Source: YAHOO