China, NVIDIA
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Nvidia, which stands to make billions, pushes back as Democratic senators criticize the Trump administration for letting the company resume the AI GPU sales to China.
Nvidia (NVDA) shares remain in focus following a Reuters report that the company is warming up to resume its business in China. NVDA has placed an order with Taiwan Semiconductor (TSM) for some 300,000 of its H20 AI chips to meet the anticipated pent-up demand that’s about to be unlocked in China.
Trump and his team decided to let the chips go in a bid to stop China from getting ahead in the race to make the best chips, Kevin Hassett says
President Trump is facing growing pushback on multiple fronts over his administration’s decision to allow Nvidia to sell its H20 chips to China, a move that critics argue could give Beijing a leg up in the race to develop artificial intelligence (AI).
Nvidia's China revenue may return, but recovery faces challenges. Explore market insights on valuation, growth, and impact of alternatives.
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Interesting Engineering on MSNOver $1B in smuggled NVIDIA chips sold in China after April’s US crackdownDespite U.S. bans, Chinese buyers spent over $1B on smuggled NVIDIA AI chips like the B200, openly sold on Chinese social apps.
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The letter states that allowing sales of the H20 AI chip to China could hurt the U.S.'s AI "edge" and further chip bottlenecks in the U.S.
Nvidia’s stock slips as Chinese chipmakers like Huawei dominate Shanghai’s AI expo amid U.S. trade restrictions.