Nvidia (NVDA) stock jumped more than 4% in early trading on Tuesday after the AI chipmaker said it was applying to resume sales of its H20 GPUs in China following a US ban that cost the company billions in lost sales. In a blog post late Monday night, Nvidia said it was filing the application,…
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…
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia (NVDA) looked set to receive a green light for trade with China from the Trump administration. The S&P 500 (^GSPC) traded below the flat line after opening higher, while the…
Nvidia (NVDA) is moving to reestablish its foothold in the Chinese market, announcing late Monday night that it plans to restart sales of its H20 AI chips in the region. The company has also unveiled a new GPU model specifically engineered to align with US export regulations. In a company blog post, Nvidia said it…
Bangkok — Nvidia CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China — a reversal of administration policy. The news came in a company blog post late Monday. Huang also spoke about the coup on China’s…
BANGKOK — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China’s state-run CGTN television network in…
Nvidia CEO dismisses concerns China will use his chips – CBS News Watch CBS News The United States has a ban on sales of Nvidia’s high-level chips to Chinese firms, but Nvidia CEO Jensen Huang says China doesn’t actually need Nvidia’s chips. Stephen Witt, author of the book “The Thinking Machine: Jensen Huang, Nvidia, And…
Nvidia CEO Jensen Huang has pushed back against US concerns that his company’s chips could aid the Chinese military. His comments come as Huang prepares for his second trip to China this year for which he has also been sent a ‘warning letter’ by some US senators.Speaking in a CNN interview, Huang asserted that the…
A few days after Donald Trump signed the One Big Beautiful Bill that ended most subsidies for renewable energy, among many other things, the leading artificial intelligence (AI) company, Nvidia Corporation, became the first to pass $US4 trillion ($6.08 trillion) in value. And a few days after that, on Thursday, Bitcoin hit a new record…
Nvidia CEO Jensen Huang said the US government does not need to be concerned that the Chinese military will use his company’s products to improve their capabilities. Addressing the largest concern Washington has cited in placing increasing restrictions on US technology exports to the Asian nation, Huang said the Chinese military will avoid using US…