China, NVIDIA and Trump
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Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
NVIDIA's H20 AI GPUs are once again allowed to be sold in China following a reversal of restrictions by the Trump administration, and NVIDIA's CEO claims it wasn't he who changed the US President's mind.
Boss Jensen Huang is heading to China where the company’s pared-back AI processors will be in hot demand. But the US president could easily kill this business forecast to make $50 bln in sales, and hand its local rival an edge,
The Score is a weekly review of the biggest stock moves and the news that drove them. The U.S. may be getting closer to a transcontinental railroad. Railroad operator Union Pacific is holding talks to acquire its smaller rival Norfolk Southern, The Wall Street Journal reported Thursday.
We recently published 10 Stocks On Jim Cramer’s Radar As He Says Trump Has Been Good For Growth. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed. NVIDIA Corporation (NASDAQ:NVDA) scored a big win in July when the firm announced that it was accepting orders for the China-specific H20 GPU after being
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Investor's Business Daily on MSNDow Jones Futures: Nvidia Chipmaker, Netflix Loom After Trump-Powell Blip; Ferrari Breaks OutDow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. United AirlinesUAL reported mixed results late Wednesday. NvidiaNVDA chipmaker Taiwan SemiconductorTSM headline earnings early Thursday with NetflixNFLX due after the close.
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.
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