Nvidia shares gain as Trump allows some AI chip sales to China

Share via:



Nvidia shares rose 1.7% in US premarket trading on Tuesday after President Donald Trump said he will allow the sale of its H200 chips to approved Chinese customers, easing concerns over access to one of its biggest markets.

Trump’s decision appears to settle a debate over whether Nvidia and its rivals should keep their global lead by selling their AI chips to China or withhold shipments.

It is unclear whether the move will result in new sales after Beijing told companies not to use US technology.

The restrictions banned the sale of advanced AI…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Nvidia shares gain as Trump allows some AI chip sales to China



Nvidia shares rose 1.7% in US premarket trading on Tuesday after President Donald Trump said he will allow the sale of its H200 chips to approved Chinese customers, easing concerns over access to one of its biggest markets.

Trump’s decision appears to settle a debate over whether Nvidia and its rivals should keep their global lead by selling their AI chips to China or withhold shipments.

It is unclear whether the move will result in new sales after Beijing told companies not to use US technology.

The restrictions banned the sale of advanced AI…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

These travel influencers don’t want freebies. They’re AI.

Radhika's thick black hair falls in artfully imperfect...

Would you accept this compromise for the 20th anniversary...

There have been persistent rumors that Apple will...

Apple iPhone 16 Pro price slashed by up to...

Flipkart’s End of Season Sale, running from 12...

Popular