Isaacson Blasts Trump’s Chip Strategy as “Crony Capitalism” Amid Pressure on Intel and Nvidia

Tekedia | 22-08-2025 02:48pm |

President Donald Trump’s dealings with semiconductor giants Intel and Nvidia amount to a “scattershot method of crony capitalism,” Walter Isaacson said on Thursday. “That state capitalism often evolves into crony capitalism, where you have favored companies and industries that pay tribute to the leader, and that is a recipe for not only disaster, but just

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