European markets opened higher Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value has soared in recent…
A wobble in US technology shares has raised the stakes for Nvidia’s quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade. The heavyweight tech sector slumped 1.6% on the week after a huge run for the group, dragging on key indexes. The sector’s weekly decline…
Nvidia and AMD have reportedly agreed to give the U.S. government 15% of the revenue from the sale of their advanced AI chips to China. This comes as the Trump administration recently reversed a ban, allowing sales of chips like Nvidia’s H20 to resume. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: iPad Pro and…
Nvidia’s Chief Security Officer, David Reber Jr., has publicly pushed back against pressure to add “kill switches” and backdoors to the company’s GPUs. In a recent blog post, he insisted that Nvidia’s chips “do not and should not have kill switches and backdoors,” addressing concerns from both the U.S. and China. Read: Google Deepmind launches…
China is one of Nvidia’s largest markets, particularly for data centers, gaming and artificial intelligence applications. Avishek Das | Lightrocket | Getty Images Two Chinese nationals in California have been arrested and charged with the illegal shipment of tens of millions of dollars‘ worth of AI chips, including from Nvidia, the Department of Justice said…
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at about $12.94 million, according to a filing with the U.S. Securities and Exchange Commission. Friday’s sale is part…
Only a few years ago, the Joe Biden administration in the US declared export controls a “new strategic asset” to help America maintain “as large a lead as possible” over China in advanced technology. President Donald Trump is now upending that approach. In a reversal this week, the White House told chip maker Nvidia it…
Bangkok — Nvidia CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China — a reversal of administration policy. The news came in a company blog post late Monday. Huang also spoke about the coup on China’s…
Nvidia CEO Jensen Huang. Gonzalo Fuentes/Reuters Nvidia CEO Jensen Huang will hold a media briefing in Beijing on 16 July, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the US government has…
Nvidia has become the first public company in the world to reach a US$4 trillion market capitalisation, solidifying its position as one of Wall Street’s most-favoured stocks. Shares of the leading chip designer rose as much as 2.4% to $164 on Wednesday, a direct result of the ongoing surge in demand for artificial intelligence (AI)…
