
President Donald Trump acknowledged Wednesday that he briefly considered using antitrust power to split up Nvidia Corp. (NASDAQ:NVDA) before aides warned the move would be “very hard."
What Happened: "I said, ‘Look, we'll break this guy up,' before I learned the facts here," Trump told an AI summit crowd near the Capitol, according to a Bloomberg report. He added that he had "figured we could go in and sort of break them up a little bit, get them a little competition, and I found out it's not easy in that business."