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Nvidia chief vows to ‘accelerate recovery’ of China sales as H20 chip ban lifted
Nvidia chief Jensen Huang said it would “accelerate the recovery” of its China sales, after a détente between Beijing and Washington allowed the leading AI chipmaker to resume shipments of a key processor specifically designed for the Chinese market.
One analyst boosted his price target on Nvidia’s stock to a level that would imply a $5.7 trillion market cap, with the chip ...
Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to ...
U.S. stocks are drifting mostly higher following some mixed data on inflation and profits at some of the biggest U.S. banks.
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.
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