Days after President Donald Trump announced a decision to allow Nvidia to sell its advanced H200 artificial intelligence (AI) chips to China and receive a 25% cut of the revenues, Senator Elizabeth Warren has said that the move constitutes selling out “American national security”. She reiterated that both Nvidia CEO Jensen Huang and Commerce Secretary…
US President Donald Trump is expected to press Chinese President Xi Jinping over Beijing’s restrictions on Nvidia’s advanced Blackwell AI chips when the two leaders meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju this week. Speaking to reporters aboard Air Force One en route to Gyeongju, South Korea, Trump praised…
Nvidia recently became the first company with a market value of $4 trillion. The company soared past Apple and Microsoft to become the most valuable company in the world. This unprecedented growth of Nvidia has now received a reaction from Tesla CEO Elon Musk. The meteoric rise in the market value of Nvidia can be…
Nvidia may have been hit with a ‘new’ problem with resuming export of its AI chips to China. The US-based company, which was recently given a go-ahead to restart the sales of H20 AI chips to the region, has reportedly informed its Chinese customers of limited supplies for the chips. H20 is the most powerful…
Republican representative John Moolenaar, who is the chairman of the House Select Committee on China, has reportedly objected to the US Commerce Department‘s decision to allow Nvidia to resume sales of its H20 AI chips to China. In a letter to US Commerce Secretary Howard Lutnick, Moolenaar warned that the move could advance China’s AI…