NVIDIA says it will restart sales of a key AI chip to China
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Chinese firms are scrambling to buy Nvidia's H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to the mainland days after its CEO met U.S. President Donald Trump.
NVIDIA can start selling its H20 AI GPU to China again after gaining approval to do so from the US government.
As the AI chipmaker rockets past a $4 trillion valuation, CEO Jensen Huang lays out a stunning vision of a future with robot assistants and revived American factories, but admits the transition won't be painless.
This caused the stock to soar higher, but it has since leveled off after an initial boost. Many investors consider this lull an excellent buying opportunity, but is it?
NVIDIA's upcoming China-specific B30 AI GPU has estimated 75% of the performance of H20, with demand for B30 'significant' and orders already placed.
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Nvidia Corporation continues to lead in AI & data centers, fueling stock growth despite risks & high valuations. Click for my NVDA update.
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Fareed speaks with Nvidia CEO Jensen Huang about the productivity gains from the AI revolution — and whether people should be concerned about job losses.