NVIDIA CEO Dismisses Chip Security Allegations
Digest more
Nvidia Corporation's AI accelerator sales in China resume, but risks include overvaluation and reliance on clients testing own solutions. Click for our NVDA update.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
The arrangement is highly unusual, as U.S. tech export controls are usually based on national security, rather than whether they can raise funds for Washington.
Nvidia chief executive Jensen Huang met with US President Donald Trump at the White House last week and agreed to give the US government a 15 percent cut of Nvidia’s revenues from chip sales to China,
Nvidia CEO Jensen Huang said Friday that the company is discussing a potential new computer chip designed for China with the Trump administration.
Shares in semiconductor giants Nvidia (NVDA) and Advanced Micro Devices (AMD) were bashed today as President Trump said tariffs on chips were only a fortnight away.Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off!