Nvidia (NVDA, Financials) and Advanced Micro Devices (AMD, Financials) will give the U.S. government 15% of revenue from certain AI chip sales to China in return for export licenses, the White House said Tuesday. The agreements cover Nvidia’s China-specific H20 chip and AMD’s equivalent processors, designed to meet U.S. export limits. President Donald Trump negotiated…
Aug 14 – Wedbush is calling it a bullish sign for the AI sector. Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) are reportedly getting the green light to sell AI chips in China, provided they hand over 15% of profits to the U.S. government. According to sources, Nvidia will share revenue from its H20 AI…
Aug 13 – Advanced Micro Devices (NASDAQ:AMD) grabbed attention this week after reports revealed the chipmaker agreed to give the U.S. government 15% of its AI GPU sales in China in exchange for export licenses. While that sounds like a big deal, Citi analyst Christopher Danely says it’s largely immaterial to AMD’s bottom line. Danely…
US President Donald Trump said on Monday that he had personally negotiated a deal with Nvidia chief executive Jensen Huang, letting the tech company sell a lower-end chip in China in exchange for part of those sales revenues being paid to the US government. The highly unusual deal was first reported on Sunday by the…
Huawei Technologies is set to unveil a technological breakthrough that could reduce China’s reliance on high-bandwidth memory (HBM) chips for running artificial intelligence reasoning models, according to state-run Securities Times. The announcement will take place in collaboration with China UnionPay at the 2025 Financial AI Reasoning Application Landing and Development Forum in Shanghai on Tuesday,…
MANILA, Philippines (AP) — World shares were mixed on Friday, with Asian stocks mostly lower while Tokyo’s benchmark spiked more than 2% after Japanese officials said they had resolved questions over the tariff that will apply to exports to the U.S. In early European trading, Germany’s DAX lost 0.3% to 24,131.01. The CAC 40 in…
The sales resumption of Nvidia’s H20 processors and Advanced Micro Devices’ (AMD) MI308 chips in China is expected to ease the anxiety of local artificial intelligence companies, according to analysts. Speaking at the China International Supply Chain Expo in Beijing on Wednesday, Nvidia CEO Jensen Huang said he hoped to introduce more advanced chips to…
July 15 – The S&P 500 inched to a fresh record above 6,300, while the Nasdaq Composite climbed about 1%, and the Dow Jones Industrial Average lost 213 points (about 1%). Nvidia (NASDAQ:NVDA) led chip stocks higher, jumping more than 4.5% after saying it may soon resume shipments of its H20 GPUs to China. Advanced…
Advanced Micro Devices (AMD) has announced that it will soon resume shipping its MI308 artificial intelligence (AI) chips to China. The news comes hours after fellow chipmaker Nvidia said that it will resume the deliveries of its H20 AI chips to China “soon”. AMD stated that the US Commerce Department intends to restart reviewing its…
An investor recently posed a simple but striking question in Reddit’s r/stocks forum: What are the “‘boring’ stocks with tech-like returns?” “Everybody is chasing the next AI hype,” they said, mentioning companies like Palantir (NASDAQ:PLTR), Rocket Lab (NASDAQ:RKLB) and even semiconductors. When someone mentions semiconductors, they typically refer to companies that design or manufacture these…