NVIDIA Can Sell AI Chip to China Again
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Nvidia stock is trading near its all-time high and has just surpassed the $4 trillion market capitalization milestone. But why is Jensen Huang selling NVDA stock right now?
Nevertheless, export restrictions imposed by the U.S. government have cost the company billions of dollars in sales. Fortunately, Nvidia shareholders recently got great news from the Trump administration: Applications to resume selling its H20 GPUs in China will be approved by the Commerce Department. Here's what investors should know.
Nvidia CEO Jensen Huang has caught up to Berkshire Hathaway’s Warren Buffett in net worth, according to analysis from Fortune and Bloomberg.
Nvidia's valuation has risen dramatically over the last two years since generative artificial intelligence became a mainstream topic.
Nvidia CEO Jensen Huang says that the company will be granted the licenses required to export its H20 AI chips to Chinese customers. The company was losing a chunk of revenue because of the restrictions on the export of its chips to China.