China, NVIDIA and AI
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Nvidia CEO Jensen Huang said the Trump administration is letting it sell its advanced H20 computer chips to China — a reversal in policy.
BEIJING/SHANGHAI (Reuters) -Nvidia CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba and Tencent as "world class" and said AI was "revolutionising" supply chains,
NVIDIA can start selling its H20 AI GPU to China again after gaining approval to do so from the US government.
Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to find a local alternative that is as good as the U.S. company’s chips.
Mike Wilson, Morgan Stanley CIO and chief U.S. equity strategist, joins 'Squawk Box' to discuss on what recent Nvidia news means for tech companies at-large, what to expect from earnings and much more.
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Nvidia stock surged 4.47% in pre-market trading after the U.S. government cleared the company to resume H20 AI chip exports to China. This greenlight could recover billions in lost revenue after Nvidia took a $4.
Nvidia reached a major market cap milestone -- ahead of other tech giants such as Microsoft and Apple. Investors have flocked to Nvidia to gain exposure to the high-growth artificial intelligence market.
Nvidia CEO Jensen Huang contradicts Anthropic CEO's 'white-collar apocalypse' prediction, suggesting AI will augment jobs while encouraging workers to adapt.