Former President Donald Trump recounted a past attempt to break up Nvidia, the world's most valuable tech company, due to a perceived lack of competition. He described a conversation with an unnamed advisor who explained the difficulty of dismantling the company, highlighting Jensen Huang's leadership and Nvidia's dominant market share. Trump stated he abandoned the idea after learning the complexity of the tech industry and the extensive time required to develop comparable competition. He later changed his stance and allowed Nvidia to sell its H20 chips to China, a decision impacting US-China relations and Nvidia's revenue.

Trump's shift followed a conversation where he was informed Nvidia held 100% of a specific market segment. The advisor explained that even with incompetent management, it would take at least ten years for competitors to catch up. This anecdote highlights Trump's initial misunderstanding of Nvidia's market position and the technological challenges involved in breaking up the company. The decision to permit the sale of H20 chips to China, despite prior US concerns, significantly benefited Nvidia.

Impact Statement: Trump's narrative reveals insights into his decision-making process regarding antitrust issues and the impact of his policy decisions on a major tech company and US-China relations.