At a gathering there, Huang told customers and employees of his strong commitment to the Chinese market, according to a recording. That meant Nvidia intended to keep selling chips for artificial intelligence in China, holding back their performance to comply with ever-tighter curbs imposed by Washington. A week later, Nvidia’s stock price fell 17% in…
In January 2025, China’s DeepSeek AI lab introduced its new AI model, DeepSeek-V3, shaking up the global tech scene. This development has raised concerns among U.S. tech giants, as it threatens the U.S.’s leading position in artificial intelligence. For years, companies in the US, like OpenAI, Meta, and Google, have been at the forefront of…
China has initiated an antitrust investigation into Nvidia, the world’s largest provider of processors that power artificial intelligence (AI). The probe follows concerns raised by the Chinese government over Nvidia’s 2020 acquisition of Israeli networking company Mellanox, which authorities suggest could breach China’s anti-monopoly laws. However, details on how the merger might have violated these…