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The USA government plans to adjust the rules of the "Broadband to Every Village" project, with Musk potentially benefiting by $10 billion.
According to informed sources, the USA Commerce Department is preparing to adjust the rules of the Biden-era "Broadband for All" initiative, with Musk's "Starlink" Satellite Internet being the biggest potential beneficiary; previously, the rules favored traditional fiber networks, and state governments could only allocate funds to satellite Internet companies in areas where fiber was not accessible.
Trump threatened to abolish the chip law: they took the money but did not spend it, it is better to use it to pay off debt.
Trump stated yesterday that USA lawmakers should abolish the Chips Act, which provides $52.7 billion in subsidies for Semiconductor manufacturing and production, and that this money should be used to pay off debt. Some officials expressed concerns and criticisms regarding Trump's remarks.
NVIDIA, has everything come to an end?
Bernstein stated that although NVIDIA has not performed well this year, its valuation is becoming increasingly attractive. What Bernstein is truly concerned about is the rising regulatory pressure, namely that the USA government may introduce new regulations. Additionally, with every reduction of 10 billion dollars in revenue, NVIDIA's EPS would drop by approximately 0.25 dollars.
Google's Chrome Changes Disable UBlock Origin For Even More Users —Can You Still Block Ads?
Google Fights Back Against DOJ Antitrust Cases, Says Breakup Threatens Economy, National Security: Report
Elon Musk's Bid to Block OpenAI's For-profit Transition Stands Rejected