China, NVIDIA and AI
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Cryptopolitan on MSNNvidia wins US approval to resume H20 chip sales in ChinaThat message appears to have resonated in Washington. Nvidia confirmed last week that it had received US government approval to resume H20 sales to China. While Nvidia is poised to benefit financially, US officials say the move also serves national interests.
An investigation has revealed that $1 billion worth of restricted NVIDIA AI GPUs were smuggled into China over a three-month period.
The Register on MSN11d
Nvidia to resume sales to China – with Trump administration approvalLago has paid off in the form of permission to sell the H20 and a new RTX Pro GPU Nvidia has announced the US government will allow it to resume sales of its GPUs to Chinese customers.… The US prohibits exports of advanced semiconductors to China,
Nvidia Corporation's $4T valuation may be overhyped as rising competition and substitution risks threaten its dominance. Click for my NVDA update.
Jim Cramer believes that Nvidia Corp. (NASDAQ:NVDA) is poised to get a significant boost with the U.S. government assuring licenses for the sale of its H20 chips or general processing units to China,
Sources say firms are rushing to buy Nvidia's H20 AI chips, as the company said it planned to resume sales to China.