#semiconductors

Jensen Huang, founder and chief executive of Nvidia, speaking at Stanford University in April 2026.

Nvidia's board opens an investigation into Jensen Huang after he admits an affair with a woman accused of spying for China

A cutaway rendering of SPARC, the compact tokamak Commonwealth Fusion Systems is building in Massachusetts, released in 2020.

Industrial policy

Washington is taking equity in fusion companies in exchange for CHIPS awards, starting with $175 million for Helion and $85 million for Commonwealth

The Treasury Department building in Washington, D.C., with the Washington Monument behind it, in 2015.

Capital controls

Treasury would ban some US investments in Chinese AI and chips, and require notice on anything above $50,000

The Nasdaq Tower in Times Square, New York, in May 2026.

The Nasdaq closes its worst week since June as investors start pricing the debt behind AI

Qualcomm's headquarters in the La Jolla area of San Diego, California, photographed in December 2015.

A jury found Arm breached its license with Qualcomm and awarded $2. The real stake is $1.5 billion