The Nvidia chief’s praise for Chinese companies suggests a recognition of their growing influence in the global AI ecosystem. Open-source approaches to AI development allow for wider access to foundational models and accelerate innovation by enabling developers worldwide to build upon existing frameworks.

Despite the focus on expansion, the plan does mention the importance of "defending against misuse and preparing for future AI-related risks."

Recent developments in the AI chip industry have underscored the strategic importance of precision manufacturing in supporting critical supply chains. PMGC Holdings Inc. recently completed the acquisition of AGA Precision Systems LLC,

Nvidia is now the first company to surge past $4 trillion in market capitalization, rebounding from its DeepSeek-induced slump earlier this year. Other AI chipmakers, including AMD and China’s Huawei, are reporting strong financial results. Nearly every major chipmaker is now centering its strategy on AI. But what if AI doesn’t work out?

"We believe we're in an AI race, and we want the United States to win that race," Trump administration crypto tsar David Sacks told reporters. The AI plan promises to build data centre infrastructure while also eradicating "ideological bias", but critics said it was a giveaway to Big Tech.

The blueprint seeks to make American technology the foundation for AI worldwide while enacting security measures to keep adversaries like China from gaining an edge.

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LG Electronics Inc. shares advanced in Seoul after a local media report that the company is developing cutting-edge tools for making the memory chips that work alongside AI processors designed by Nvidia Corp.