Shares of Nvidia Corp. (NASDAQ:NVDA) tumbled more than 6% on Wednesday morning trading in New York after fresh U.S. export curbs on AI chips to China rattled the market, yet some Wall Street analysts ...
Semiconductor giant Nvidia is facing unexpected new U.S. export controls on its H20 chips. In a filing Tuesday, Nvidia said it was informed by the U.S. government that it will need a license to export ...
BEIJING/SHANGHAI/NEW YORK (Reuters) -Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had ...
Nvidia chips remain in high demand in China despite U.S. export restrictions and pressure from the Chinese government for tech firms to rely less on American-made technology. The Jensen Huan-led ...
Nvidia said Tuesday that it hopes to resume sales of its H20 general processing units to China, in a major win for the company that has suffered from U.S. export curbs. The U.S. government in April ...
NVIDIA, the leading supplier of AI GPUs the world over, could have another obstacle in its way as it attempts to regain Chinese customers (and good faith) following the US government's ban reversal on ...
TL;DR: NVIDIA has halted production of its H20 AI chip for the Chinese market amid ongoing US-China trade restrictions and security concerns. Despite a temporary export license, China's Cyberspace ...
(Reuters) -Chinese authorities have summoned domestic companies including major internet firms Tencent and ByteDance over their purchases of Nvidia's H20 chips, asking them to explain their reasons ...
BofA Securities analyst Vivek Arya maintained a Buy rating on NVIDIA Corp (NASDAQ:NVDA) with a price target of $220 on Monday. Arya re-rated Nvidia ahead of its second-quarter earnings call, citing ...