NVIDIA to boost H20 chip sales to China
Digest more
China, NVIDIA
Digest more
Nvidia's valuation has risen dramatically over the last two years since generative artificial intelligence became a mainstream topic.
23hon MSN
David Sacks said this would "deprive Huawei of basically having this giant market share in China."
Jensen Huang, the chipmaker’s chief executive, is trying to balance his company’s interests as the United States and China compete for supremacy in artificial intelligence.
Explore more
NVIDIA CEO Jensen Huang spoke to CNN about supporting ‘the craft of making things.’ Plus, China may be open to NVIDIA again.
Turning $10,000 in $1 million implies 10,000% growth. Imagine $4 trillion increasing 10,000% and it becomes clear that this isn't something realistic for Nvidia stock.
Shares in Asia traded mixed on Wednesday after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. Tokyo's Nikkei 225 edged less than 0.
Nvidia just keeps winning across Washington and Wall Street. Nvidia stock climbed 4 percent Tuesday to hit a record high after the US government gave it the green light to resume
The stock is worth $4 trillion for a good reason. Nvidia's dominance in AI chips allows it to earn very high margins. Nvidia made $77 billion in net income on $148 billion of revenue over the last year, and its net income has increased 892% over the last three years.