Jensen Huang during the China International Supply Chain Expo in Beijing (Bloomberg) — Nvidia Corp. made history last week when it became the first company ever to have a market value of $5 trillion. But that’s just one way it’s casting a shadow over the global economy. Most Read from Bloomberg The chipmaker at the…
By Niket Nishant (Reuters) –Nvidia was set to open above a $5 trillion market value on Wednesday, becoming the first company to reach the milestone after a powerful rally that has made the chip designer the centerpiece of the artificial intelligence boom. Shares of the Santa Clara, California-based company jumped 2.8% in premarket trade after…
Nvidia CEO Jensen Huang (AP Photo/Manuel Balce Ceneta) Nvidia CEO Jensen Huang came to Washington with a message for the Donald Trump administration. Speaking at he first Nvidia developers’ conference, Nvidia CEO cautioned the US government that America cannot win the AI battle if the world, if China fully excludes Nvidia from its vast developer…
US stocks jumped to new record highs on Tuesday as investors fielded the latest rush of earnings and looked to the Federal Reserve meeting to confirm interest rate cuts are on the way. The Dow Jones Industrial Average (^DJI) rose 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) moved up around 0.8%, leading the way higher….
Nvidia CEO Jensen Huang called for a careful, balanced approach to regulating China’s access to key U.S. technologies essential for advancing artificial intelligence. Speaking with Citadel Securities on Tuesday, Huang cautioned that measures that hurt China could also backfire on the U.S., sometimes with even greater consequences. “Before we leap towards policies that are hurtful…
China can sustain annual growth of 4.5 to 5 per cent over its next five-year plan period, former finance vice-minister Zhu Guangyao has said, just days ahead of a key Communist Party conclave to roll out the 2026-2030 blueprint. “We have full confidence that we will accomplish the economic development goal this year. The economic…
Alibaba Group chairman Joe Tsai has challenged the prevailing narrative of US-China artificial intelligence competition, arguing that the race has no definitive winner because success should be measured by adoption speed rather than model superiority. “When it comes to AI, there’s no such thing as winning the race. It’s a long marathon,” Tsai said at…
This article first appeared on GuruFocus. Oct 9 – Nvidia (NASDAQ:NVDA) CEO Jensen Huang has confirmed the company’s investment in Elon Musk’s artificial intelligence startup, xAI, and says he wishes he had gone in even bigger. Speaking with CNBC, Huang described the financing opportunity as exciting and added that he wants to be involved in…
Nvidia CEO Jensen Huang said Wednesday that the U.S. is “not far ahead” of China in the artificial intelligence race, and that the country needs a “nuanced strategy” to stay on higher ground. Huang has been walking a tense line between the two countries and has praised China’s AI models, including DeepSeek, Alibaba, and Baidu….
Just as Open AI CEO Sam Altman and Meta leader Mark Zuckerberg begin acknowledging that there may be truth to the warnings of an AI bubble, Jensen Huang is doubling down on his bullishness. In a recent podcast appearance with Bill Gurley and Brad Gerstner, the Nvidia CEO brushed aside the growing caution and instead…