NVIDIA teases a win for its China business
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Nvidia's valuation has risen dramatically over the last two years since generative artificial intelligence became a mainstream topic.
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David Sacks said this would "deprive Huawei of basically having this giant market share in China."
Nvidia: H20 export reinstated, bolstering the $200 by this year-end bull case and reviving the China growth story.
Chinese firms have begun rushing to order Nvidia's H20 AI chips as the company plans to resume sales to mainland China, Reuters reports. The chip giant expects to receive US government licenses soon so that it can restart shipments of the restricted processors just days after CEO Jensen Huang met with President Donald Trump,
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Jensen Huang, the chipmaker’s chief executive, is trying to balance his company’s interests as the United States and China compete for supremacy in artificial intelligence.
NVIDIA CEO Jensen Huang spoke to CNN about supporting ‘the craft of making things.’ Plus, China may be open to NVIDIA again.
Turning $10,000 in $1 million implies 10,000% growth. Imagine $4 trillion increasing 10,000% and it becomes clear that this isn't something realistic for Nvidia stock.