Nvidia is sitting on an absolutely mind-boggling amount of money… like, enough to make Solomon and Midas and Croesus go, “Wow, that’s a lot of money.” It’s become one of, if not the, richest companies on the planet by riding both the crypto and AI chip booms.

Nvidia reiterated that its chips don’t—and shouldn’t—have back doors or kill switches, days after Beijing summoned the U.S. artificial-intelligence chip giant over national-security concerns.

The White House and both houses of U.S. Congress have proposed the idea of requiring U.S. chip firms to include location verification technology with their chips to prevent them f