For a stock to achieve a tenfold gain in just 10 years is a rare feat. In general, to do so, a company must either start at an unusually low valuation and then rake in enough profits to convince the market to reevaluate it, or sustain huge growth rates for several years — or both….
Nvidia AI tech ‘powering China’s military,’ US lawmakers say | Photo Credit: REUTERS A group of US lawmakers issued a warning Thursday over allowing tech giant Nvidia to sell advanced chips in China, alleging that its support to AI startup DeepSeek has helped boost Chinese military capabilities. “When Nvidia technology ends up powering China’s military,…
Hong Kong and mainland Chinese scholars have developed a pioneering AI model that uses satellite data to forecast heavy rainstorms up to four hours before they strike, much earlier than current predictions allow. The model represented a “major advancement in atmospheric monitoring and severe weather early warnings, enabling faster and more accurate forecasts and strengthening…
Nvidia’s return to the Chinese market has hit a major roadblock due to its latest problems with sales of high-end H200 AI chips in the country. Days after Chinese customs officials moved to block the newly-approved processors from entering the mainland, suppliers of key components for the AI chip have reportedly halted production lines.Citing two…
Nvidia’s (NVDA) China business continues to face geopolitical hurdles, which could pose longer-term competitive risks for the AI chipmaker. Ongoing US-China tensions have upended Nvidia’s sales in what was one of its largest markets. In the company’s most recent quarter, revenue from China, which includes Hong Kong, dropped 45% from a year ago to about…
Witnesses and lawmakers at a foreign affairs hearing blasted the Trump administration’s approval for the sale of Nvidia’s H200 AI chips to China and called for it to reverse the decision, as the White House’s top technology adviser defended the move in the administration’s first public testimony discussing the latest export control measures. Allowing China…
Rather than seeing it as an olive branch, many Chinese commenters interpreted the move as a sophisticated Trojan horse-style trap that aimed to make Beijing dependent on American technologies in advanced semiconductors and other chokepoint sectors. Trump’s green light for the H200 – a template that he said would be applied to other US chip…
The US has officially green-lighted Nvidia to sell its H200 artificial intelligence chips in China, as the Trump administration seeks to strike a balance between curtailing China’s AI progress and maintaining American AI firms’ global market share. The H200, US chip giant Nvidia’s second-most-advanced AI processor, can be shipped to China under conditions that include…
Nvidia CEO Jensen Huang urged Washington and Beijing to resolve their differences, deeming economic decoupling “naive.” He believes the US-China relationship is crucial for global stability, advocating for technological independence alongside economic interdependence. Huang is optimistic about resuming sales of advanced chips in China, a market worth billions, despite geopolitical complexities. Nvidia CEO Jensen Huang…
Good morning. There’s been a recurring theme to some of the AI conversations I’ve had this week: using the technology to find things in sprawling corporations. For all that agentic AI promises for the future, several executives told me that the real value right now is in locating assets—documents, devices, intellectual property, et cetera—within companies. …