this post was submitted on 13 Nov 2026
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politics

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Trump purchased up to $5m of stock before revoking Biden-era rule that limited Nvidia’s ability to sell to China

Donald Trump bought Nvidia stock worth millions of dollars as he made decisions on America’s China policy that would benefit the chipmaker, an analysis has found.

In May 2025, Trump’s administration rescinded a Biden-era rule designed to prevent the most advanced US-made AI chips from being exported to China.

This rule aimed to strengthen the US’s own chip industry and to protect America from what was widely regarded as a national security threat: the possibility that China might develop superior AI.

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[–] RunningInRVA@lemmy.world 40 points 6 hours ago (3 children)

This scandal is going to run deeper than anybody thinks. The democrats say they won’t impeach Trump, but I’m certain this will accumulate into something so damning that their hand will be forced.

[–] UnderpantsWeevil@lemmy.world 6 points 3 hours ago* (last edited 3 hours ago)

m certain this will accumulate into something so damning that their hand will be forced.

You can't force the hands of the controlled opposition

Schumer and Jefferies exist to protect the Republicans, not to oppose them

[–] zoloftt@lemmy.world 32 points 6 hours ago (2 children)

You do realize that the problem with impeaching and convicting Trump is not whether or not he's done anything illegal, but getting Republicans to participate?

They don't give a shit how illegal anything is, as long they can stay in charge and continue to fleece everyday people.

[–] DekSomBoon@lemmy.today 4 points 4 hours ago (2 children)

I am optimistic that there could be enough salty republicans that will do anything to distance them from trump. The lack of loyalty is one of the traits of some of those people

[–] lepthesr@sh.itjust.works 3 points 4 hours ago

That's the only reason, to save their own skin knowing there is 2 years left. Congress is halted on anything, at least it fucking better be, save investigations and multiple impeachments.

Republicans are scared, and the only reason they would do anything is their own self interest.

Ironic their selfishness could be the thing that saves us from this monster.

[–] zoloftt@lemmy.world 2 points 4 hours ago
[–] TheVoiceOfRaison@thelemmy.club 11 points 6 hours ago (1 children)

If Epstein doesnt fuck Trump, nothing will.

[–] takeda@lemmy.dbzer0.com 11 points 6 hours ago

My theory is that the main reason they fight so much against releasing these files is that besides billionaires there likely also judges, politicians and other people in power there.

The fact that after the election Republicans didn't start to think that maybe they should start to distance from the 80y senile old man that people are clearly against and instead decided to double down tells me that there must be either blackmail or bribes. It makes no other sense.