NVIDIA CEO Huang Emerges
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The chairman of the House Select Committee on China on Friday objected to the resumption of Nvidia H20 AI chip sales to China in a letter to U.S. Commerce Secretary Howard Lutnick.
Key Points Nvidia, recently blocked from selling chips to China, is set to reclaim its market position there.The artificial intelligence (AI) chip giant says it aims to resume deliveries there “soon.” 10 stocks we like better than Nvidia › Nvidia's (NASDAQ: NVDA) business has been going strong over the past few years thanks to its dominance in the
China's Commerce Minister Wang Wentao said on Friday he met with Nvidia CEO Jensen Huang in Beijing on Thursday. Wang said at a press conference that Huang had worked very hard over the past few days during his visit to China,
Anita Ramaswamy, columnist at The Information, joins Marketplace’s Meghan McCarty Carino for “Tech Bytes: Week in Review.”
Gil Luria from D.A. Davidson discusses the national security concerns around the report that U.S. officials are delaying a deal for the UAE's purchase of Nvidia AI chips.
Separately, stock in Dutch chip company ASML was falling sharply Wednesday after the company cut its outlook, blaming trade wars and tariffs for lower demand.
One analyst boosted his price target on Nvidia’s stock to a level that would imply a $5.7 trillion market cap, with the chip maker seemingly cleared to sell its H20 chip in China again.
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.