The article describes internal White House discussions regarding semiconductor export negotiations and foreign manufacturing proposals. It notes the involvement of Mr. Sacks, whose personal investments in A.I. were stated to be less than two percent of his total holdings. Mr. Warrington characterized Mr. Sacks’s input as offering “a unique and invaluable perspective.” A spokeswoman for Mr. Craft affirmed that Mr. Sacks adhered to ethical standards and completed required divestments, though a specific timeframe was not provided. The White House clarified that Mr. Sacks’s March conversation with Sheikh Tahnoon of the U.A.E. was part of general “meet-and-greets,” with his participation in formal chip negotiations commencing in May. The administration also stated Mr. Sacks had no prior contact with U.A.E. representatives before his government service and participated solely to advance administration policy. Concurrently with chip export talks, the U.A.E. proposed that the Trump administration approve TSMC constructing a chip factory in the U.A.E., even as the U.S. was providing significant subsidies for TSMC to build a facility in Arizona. Several senior administration officials reportedly did not support the proposed U.A.E. plant.
Source: www.nytimes.com