NVIDIA AI chips worth $1bn smuggled to China
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With cloud czars zooming to build the future with Nvidia chips at the heart of it, the company has become the cornerstone of a niche few even saw coming. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter💰💵 Its recent $4 trillion milestone wasn’t just a headline;
Trump’s new AI plan pushes deregulation, attacks “woke” models, and speeds chip factory development as OpenAI, xAI, and Nvidia drive global infrastructure expansion.
NVIDIA CEO and co-founder Jensen Huang commends President Donald Trump’s A.I. agenda and outlines what the country's job future will look like on 'Special Report.'
Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
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So, now, let's consider what's set to happen on Aug. 27, and that's the tech giant's second-quarter earnings report. A couple of months ago, I wrote about Nvidia stock's performance after earnings reports, and it's shown a trend of gains. That may offer investors a reason to be optimistic about post-earnings performance.
Despite LIDR stock's surge, AEye's valuation remains attractive given its modest market cap and early-stage revenue. Click here to find out why LIDR is a Buy.
SK Hynix flagged plans to lift spending this year on advanced chipmaking after posting a record quarterly profit on Thursday, boosted by strong demand for artificial intelligence chips and customers stockpiling ahead of potential U.
Last week, Nvidia CEO Jensen Huang said it would soon resume selling its H20 chips to China after a breakthrough with the Trump administration on regulations.