Seeking Alpha’s roundup of remarks, statements, and announcements that could impact the technology sector.
- The Trump administration is temporarily shelving a draft executive order that aimed to preempt state laws regulating AI with less restrictive federal guidelines.
The EO sought to block state laws through legal challenges and withdrawal of federal funds, Reuters reported on Friday, citing people close to the matter.
Reuters said the EO directed Attorney General Pam Bondi to establish an AI Litigation Task Force “whose sole responsibility shall be to challenge state AI laws, including on grounds that such laws unconstitutionally regulate interstate commerce, are preempted by existing federal regulations, or are otherwise unlawful.”
- U.S. officials have been debating whether to allow Nvidia (NVDA) to sell its H200 AI chips to China, according to Bloomberg.
The news outlet added that the discussions were early-stage and may not result in Nvidia receiving licensing approval for the sales under current U.S. export restrictions.
- Foxconn (OTCPK:FXCOF) said that a $1.4 billion data center it’s building with Nvidia (NVDA) in Taiwan will be operational during the first half of 2026.
The 27-megawatt data center, which will be powered by Nvidia’s new Blackwell GB300 chips, will be Asia’s first GB300 data center, FoxConn said during a tech day event on Friday, according to Reuters.
“As GPU technology accelerates, building individual facilities may no longer make economic sense,” said Nvidia senior executive Alexis Bjorlin at the event, which was also attended by executives from clients and partners such as OpenAI (OPENAI) and Uber (UBER).
“Renting compute resources may offer a far better return on investment, enabling flexibility and enabling companies to scale their compute according to both product and business cycles,” Bjorlin added.