Nvidia's Huang May Have Won China Reprieve
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Nvidia founder and CEO Jensen Huang has been active on the government relations and lobbying front, and now he’s got something big to show for his efforts: the Trump Administration has agreed to lift a ban on selling Nvidia H20 AI chips to China.
How an engineer turned tech mogul became the most influential voice in AI and a key figure in Trump’s trade diplomacy with China.
China’s Commerce Minister Wang Wentao told Nvidia CEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would
Nebius is currently the best stock that Nvidia owns. The company flew under the radar earlier this year because it was listed on the Nasdaq Stock Exchange just recently (in October) after a nearly three-year hiatus. The Russian tech giant Yandex, which was delisted due to sanctions after Russia invaded Ukraine, formerly owned Nebius' assets.
Nvidia CEO Jensen Huang's visit to Beijing involved praising China's tech and EVs, even calling them world-class. This occurred after the U.S. relaxed AI chip sale rules as part of a trade agreement.
Huang is now richer than LVMH’s Bernard Arnault ($147.9 billion) and just behind Google co-founder Larry Page ($150.6 billion).
Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.
NVIDIA CEO Jensen Huang spoke to CNN about supporting ‘the craft of making things.’ NVIDIA CEO Jensen Huang said he supports onshoring US manufacturing during a wide-ranging interview on Sunday with CNN journalist Fareed Zakaria.