NVIDIA to resume China AI chip sales
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NVIDIA teases a win for its China business
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BEIJING/SHANGHAI (Reuters) -Nvidia CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba and Tencent as "world class" and said AI was "revolutionising" supply chains,
The Trump White House says it's content to allow Nvidia to tap into the lucrative Chinese market. "We don't sell them our best stuff, not our second best stuff, not even our third best," Commerce Secretary Howard Lutnick said on CNBC Tuesday afternoon.
Nvidia: H20 export reinstated, bolstering the $200 by this year-end bull case and reviving the China growth story.
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The AI chip giant is cheering now, but the celebration may be short.
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US stocks turned mixed after June inflation data. Investors now turn to earnings. Nvidia jumps on hopes for China chip sales, lifting Nasdaq to record