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US-China AI race heats up with new direct communication deal ahead of Trump-Xi meeting

Market News
21 Sep 2026
Fox Business
View Source
Neutral
US-China AI race heats up with new direct communication deal ahead of Trump-Xi meeting

The U.S. and China are intensifying their competition in artificial intelligence development. The U.S. Treasury Secretary will present President Trump with an AI-related agreement establishing a direct communication "hotline" with China to address AI risks like hacking and security concerns. Trump is expected to decide on the deal before his upcoming meeting with Chinese President Xi Jinping. This move highlights the strategic importance of AI as both nations vie for technological leadership.

The subject of US-China artificial intelligence communication is presented here with relevant market data for context. For readers following Technology-sector stocks on Pluang, 119 of 150 priced US stocks rose while 30 fell. Notable movers include ARM at USD 315.50 with a 14.47% increase, Intel Corp at USD 123.94 up 14.13%, and AXT Inc at USD 79.40 rising 13.38%. This snapshot is as of Sep 21, 2026 22:32 WIB.

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