The U.S. stock market experienced a significant surge, adding an estimated $1 trillion in value, driven largely by the performance of tech giants. This rally highlights the enduring […]
Nvidia CEO Visits TSMC Ahead of Earnings Report: Amidst US-China Tech War
Nvidia CEO Jensen Huang traveled to Taiwan for a brief meeting with Taiwan Semiconductor Manufacturing Company (TSMC), the chip manufacturer behind Nvidia’s most advanced chips. The visit came […]
NVIDIA’s H20 Chip Faces China Crackdown as Company Navigates Geopolitical Tightrope
NVIDIA’s H20 chip, intended to re-enter the Chinese market, has become entangled in a complex global tech rivalry. While sales resumed under strict conditions in July following an […]
Nvidia Halts H20 Chip Production in China Amidst National Security Concerns
Nvidia has instructed its suppliers to halt production of its H20 processors, specifically targeting the Chinese market, following pressure from Beijing over potential national security risks. The move […]
Nvidia Halts Production of H20 Chips
Nvidia has halted production of its H20 chips, according to a report from PANews. The Information revealed this news on August 22. However, the company has yet to […]
Nvidia Earnings Report: Wall Street Upgrades Price Target Ahead of Q2 Release
Wall Street analysts are bullish on Nvidia ahead of the company’s upcoming second-quarter earnings report, lifting its price target from $175 to $205 less than a week before. […]
China Cracks Down on Nvidia H20 Chips Following US Remarks
Following remarks by US Commerce Secretary Howard Lutnick, China has taken action to limit the sale of Nvidia’s H20 AI chip. Three government agencies responded to Lutnick’s comments […]
Nvidia CEO Sells $27 Million Worth of Shares
Nvidia’s CEO Jensen Huang recently sold a significant portion of his shares in the company. Over two days, August 14th and 15th, he completed eight transactions that resulted […]
Nvidia CEO Sells $27.1 Million Worth of Shares
Nvidia’s CEO Jensen Huang recently offloaded a significant portion of his company shares. Through eight transactions between August 14th and 15th, Huang sold approximately 150,000 shares worth $27.1 […]
Nvidia Takes Crown as S&P 500’s Most Significant Single Stock
In a historic feat, Nvidia has surpassed its competitors to become the biggest single-stock weight in the S&P 500 since records began. According to CNBC data, the company […]
China Cease Using Nvidia’s H20 Chips: New Guidance Threatens Recovery Efforts
The Chinese government has issued a directive advising local businesses to avoid utilizing Nvidia’s H20 chips, potentially hindering the company’s efforts in China. Sources indicate that this guidance […]
Nvidia’s Deal with China: US Shifts to Revenue Sharing for Advanced Chips
A groundbreaking agreement between the U.S. government and semiconductor giants Nvidia and AMD has significantly impacted the future of AI trade with China. This deal allows these companies […]
Nvidia and AMD Stock Plummet Amidst China Chip Sales Deal Uncertainty; Intel Rises
Stock markets experienced a mixed performance in pre-market trading today, with Nvidia and AMD shares declining while Intel saw gains. The diverging fortunes stem from an unusual revenue-sharing […]
Nvidia and AMD Reach Deal: Securing Licenses for China Chips Through Revenue-Sharing Agreement
Nvidia and AMD have entered into a groundbreaking agreement with the U.S. government, securing export licenses for their chips sold in China. In exchange, the companies will share […]
Nvidia and AMD To Share 15% of China Chip Revenue with US
In a landmark agreement, Nvidia and AMD have agreed to share 15% of their sales revenue from specific chips sold in China directly with the U.S. government. The […]