The CEO of Nvidia Corporation (NASDAQ: NVDA), Jensen Huang, has arrived in Beijing following the recent implementation of U.S. restrictions on the company's chip sales to China.
The representatives said DeepSeek's ability to develop cutting-edge AI models suggests that loopholes in the U.S. China chip curb or indirect channels may still exist.
Nvidia failed to warn customers about new U.S. export rules for H20 chip sales to China, resulting in a $5.5 billion charge. Chinese tech giants have been stocking up on chips, driving demand. Despite this, analysts remain optimistic about Nvidia's investments in AI and its plans to develop $500 billion in infrastructure. NVDA stock is down 6.35% at $105.11.
Nvidia Corp. (NASDAQ: NVDA) has reportedly not communicated to some of its major Chinese customers about the new U.S. export rules affecting its AI chip.
Nvidia will take a $5.5 billion charge due to U.S. export restrictions on AI chips to China, but analyst Dan Ives says the long-term AI demand story remains strong despite rising geopolitical tensions.
Nvidia's stock has dropped 17.34% year-to-date, but the company has seen a reversal of planned export restrictions on its H20 AI chips to China after CEO Jensen Huang met with former President Trump at Mar-a-Lago.
Chinese tech giants ByteDance, Alibaba, and Tencent have placed over $16 billion in orders for Nvidia's H20 server chips, driven by increased demand for DeepSeek's low-cost AI models, amid ongoing supply challenges and U.S. export restrictions.
Analysts at Wedbush said that for Nvidia and other chipmakers with exposure to China and Taiwan supply chains, the worry will be around pricing and margin impacts amid the high tariffs.
Gorilla Tech, SMCI, Nvidia, GameStop, and Palantir Tech drew some of the most positive responses from poll participants. Interestingly, retail investors were not so optimistic about Tesla.
Silence is costing critical vendors business as cooling, networking, and managed services struggle to stay visible and carve out a brand in a competitive market
Ubisoft Entertainment is restructuring its business by creating a new subsidiary focused on Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. Tencent is investing €1.16 billion for a minority stake, valuing the entity at €4 billion.
The world of video games and interactive media has undergone a remarkable transformation over the past few decades. From pixelated 2D sprites to photorealistic 3D environments, the industry has consistently pushed the boundaries of technology and storytelling. As we stand on the cusp of a new era, the next decade
Chinese semiconductor companies face Nvidia chip crisis amid US sanctions, raw material policy changes, and shipping disruptions. H3C prioritizes orders for long-term customers. China restricts Nvidia's tailor-made chip due to energy efficiency rules.
