AI, China and NVIDIA
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The warmer posture contrasts with his threats against other trading partners to ravage their economies. Read more at straitstimes.com. Read more at straitstimes.com.
Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
The US has given chipmakers like Nvidia and AMD the opportunity to sell their chips to China again. Derrick Irwin, portfolio manager at Allspring Global Investments, says the US may have retain some dominance,
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Stocktwits on MSNTrump Warms Up To China As He Eyes A Trade Deal, Xi Summit: ReportPresident Donald Trump has reportedly softened his stance on China compared to six months ago as he looks to secure a trade deal with the U.S.’s closest economic rival, and a meeting with his counterpart,
Trump joined executives from some of the largest U.S. tech and energy companies in Pittsburgh as the administration prepares to power the expansion of AI.
Pennsylvanians will benefit from $100 billion in energy- and artificial intelligence-related investments to energize the nation's growing AI economy.
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.