NVIDIA to halt work on China-focused H20 AI chip
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After Nvidia reports its second-quarter earnings this week, investors should keep a keen eye on another important AI chip stock.
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Nvidia Stock On Track To Extend 3-Day Drop As Chipmaker Reportedly Halts H20 China AI Chip Orders: Retail Traders Turn Anxious
Nvidia Corp. (NVDA) stock trended on Stocktwits late Thursday amid a new report that said the Jensen Huang-led company has halted orders of its H20 AI chip, semiconductors it produces specifically for the Chinese market,
On July 31, the agency summoned Nvidia executives over alleged “serious security issues”. In a statement, the CAC claimed that US AI experts had revealed Nvidia’s chips have location tracking and can be shut down remotely — a claim strongly disputed by Nvidia.
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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.
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