NVIDIA to resume China AI chip sales
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Chinese firms are scrambling to buy Nvidia's H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to the mainland days after its CEO met U.S. President Donald Trump.
Nvidia Corp. planea reanudar las ventas de su chip H20 de inteligencia artificial en China, tras obtener garantías de Washington de que dichos envíos serán aprobados. Esto representa un giro radical respecto a la postura anterior del gobierno de Trump sobre limitar las ambiciones de Pekín.
U.S. stocks are drifting around their record levels in mixed trading on Tuesday. The S&P 500 was 0.1% higher and nearing its all-time high, which was set on Thursday. The Dow
Nvidia: H20 export reinstated, bolstering the $200 by this year-end bull case and reviving the China growth story.
The Trump administration is about to perform its latest reversal in trade negotiations with China, if Nvidia is to be believed. The company says it plans to resume sales of its H20 AI chip to China after securing assurances from Washington that it would approve the shipments.
Nvidia CEO Jensen Huang contradicts Anthropic CEO's 'white-collar apocalypse' prediction, suggesting AI will augment jobs while encouraging workers to adapt.
NVIDIA CEO Jensen Huang spoke to CNN about supporting ‘the craft of making things.’ NVIDIA CEO Jensen Huang said he supports onshoring US manufacturing during a wide-ranging interview on Sunday with CNN journalist Fareed Zakaria.
For Nvidia, which this month became the first company to reach a $4trn market value, governments are a potentially lucrative source of business. Jefferies, an investment bank, estimates that sovereign initiatives could generate some $200bn in cumulative revenue for the chipmaker “over the coming years”;
Nvidia's $4 trillion valuation surge has made many of its 36,000 employees millionaires, with stock awards driving unprecedented wealth concentration.
Here's why Nvidia will likely become the first company to surpass $4 trillion in market value, what Nvidia and Microsoft must do to continue rising in price, and whether either growth stock is a buy now.