Nvidia has denied a report which claimed that the American chipmaker has imposed certain payment terms on Chinese customers for its advanced H200 AI chips. The report, published by the news agency Reuters, suggested that Nvidia was demanding these “upfront payments” to protect itself from uncertainty on H200 chip sales in China. However, Nvidia says…
Shares of Nvidia (NVDA) rose on Monday following a report that the Trump administration is preparing to greenlight the sale of the company’s more powerful H200 chips to China. Trump previously lifted restrictions on the sale of Nvidia’s China-specific H20 AI chips, which have less processing capacity than the H200, to the country, but China…
Before becoming the founder of Amazon, Jeff Bezos had dreams of unraveling the mysteries of the universe. During his time at Princeton University, he aimed to be a theoretical physicist. That plan, however, came crashing down over a single stubborn homework problem. As Bezos recounted in a 2018 interview with The Economic Club of Washington,…
Nvidia (NVDA) will close out Big Tech’s earnings season when it reports its second quarter results after the bell on Wednesday. The report comes after a flurry of moves between the company and the Trump administration, which saw Trump revoke his prior ban on the sale of Nvidia’s chips to China but will now require…
By Liam Mo, Brenda Goh and Karen Freifeld BEIJING/SHANGHAI/NEW YORK (Reuters) -Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile. The Trump administration…
BEIJING (Reuters) -Nvidia CEO Jensen Huang will attend the opening ceremony of China’s international supply chain expo on Wednesday, Chinese state broadcaster CCTV said on Tuesday. CCTV attributed the information to the China Council for the Promotion of International Trade. Huang, who had in a visit in April stressed the importance of the Chinese market,…