Nvidia CEO Jensen Huang told CNBC that US export controls on China have hurt his business, but Chinese companies will find ways to innovate.
Nvidia's unofficial exports to China face scrutiny
Beijing said it is banning the U.S. biotech from [exporting gene sequencers to China](
Two major Wall Street indexes saw their fourth straight decline on Tuesday, as Treasury yields and the dollar retreated on signs of softening U.S. growth and uncertainty over Trump administration policies.
Ben McMillan, chief investment officer and co-founder of IDX Advisors, said potential extreme measures under the Trump administration -- such as further restrictions on the quantity and types of Nvidia chips that can be exported to China -- would be a "real concern" for the AI powerhouse.
Alibaba, ByteDance, and Tencent are driving demand for NVIDIA H20 chips, fueling China’s AI boom despite U.S. export restrictions.
Despite stringent US export restrictions, Chinese buyers have been successfully acquiring Nvidia's cutting-edge Blackwell AI chips through unofficial channels, highlighting the persistent loopholes in Washington's export control measures since 2022.
Li Guojie, a computer scientist from the Chinese Academy of Sciences, also suggests that OpenAI may be hitting the scaling wall.
Nvidia stock fell as much as 5% Monday as reports surfaced of the tech giant’s AI chips reaching China, raising investor fears the company might face more scrutiny around its exports.
Nvidia released its financial results for the fourth quarter of fiscal year 2025 (February 2024 to January 2025), showcasing remarkable growth across all key metrics. The company reported record sales of US$39.
Chinese tech giants Tencent, Alibaba, and ByteDance are ramping up orders for Nvidias (NASDAQ: NVDA) H20 AI chip due to soaring demand for DeepSeeks cost-efficient AI models, sources told Reuters. This surge
Tencent, Alibaba and ByteDance are said to have significantly increased orders of the H20 since DeepSeek gained global attention.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results