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China, Nvidia
Here's Why China is Urging Its Companies to Forgo Nvidia's Chips
In a move to strengthen its semiconductor industry and counter U.S. sanctions, Beijing is reportedly encouraging Chinese firms to prioritize locally produced artificial intelligence (AI) chips over those from Nvidia Corp.
Should You Sell Nvidia; Buy China? That's What This Billionaire Investor Is Doing
Tepper's fund dumped 3.73 million shares of Nvidia, or roughly $450 million worth of the top artificial intelligence (AI) stock, in Q2. That wasn't quite all of Appaloosa's stake. But it was more than 84% of it, leaving the fund with just 690,000 shares, representing roughly $90 million worth of the stock.
China Urges Local Companies to Stay Away From Nvidia’s Chips
Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence chips instead of Nvidia Corp. products, part of the nation’s effort to expand its semiconductor industry and counter US sanctions.
China tells firms to avoid Nvidia chips
Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence (AI) chips instead of Nvidia Corp products, part of the nation’s effort to expand its semiconductor industry and counter US sanctions.
China wants its local companies to boycott billionaire Huang’s Nvidia Chips
China is re-enforcing efforts to encourage domestic companies to favour homegrown artificial intelligence (AI) chips over Jensen Huang’s Nvidia advanced
China busca que firmas locales compren menos chips a Nvidia
Pekín quiere expandir su industria de semiconductores y contrarrestar las sanciones de EE.UU. Para esto, está intensificando la presión sobre empresas chinas para que compren chips de inteligencia artificial de producción local en lugar de productos de Nvidia Corp.
China urges local companies to stay away from Nvidia AI chips, according to reports
China urges local companies to stay away from Nvidia AI chips, according to reports Dan Eye, chief investment officer at Fort Pitt Capital Group, says while Nvidia "is the obvious leader" in the AI space, other semiconductor companies like Broadcom have better diversity of their revenue stream."
China Discourages Local Companies from Buying Nvidia (NASDAQ:NVDA) Chips
Shares of Nvidia (NVDA) closed down 2% on Sept. 27 after media reports surfaced that China’s government is discouraging domestic companies from buying Nvidia’s microchips and processors. Bloomberg News,
2h
Huawei guns for Nvidia market share in China — Ascend 910C GPU customer sampling begins
The H20, Nvidia’s fastest GPU it can legally sell in China, is projected to sell around a million units worth a dozen billion ...
11h
on MSN
Wait, now Broadcom makes GPUs? Nvidia could face unexpected foe in China as ByteDance could use rival bigger than Intel, AMD, Arm and Qualcomm to design its …
US trade restrictions have created significant obstacles for Chinese companies, limiting their access to advanced AI hardware ...
Digi Times
6h
China's auto chip sector rises to challenge Qualcomm and Nvidia's reign
China
's intelligent driving market has experienced significant and rapid growth in recent years. While leading global ...
1h
China makes AI breakthrough, reportedly trains generative AI model across multiple data centers and GPU architectures
When you buy through links on our articles, Future and its syndication partners may earn a commission.
City Journal
13d
Biden’s Move Against Nvidia Is a Gift to China
Recent U.S. antitrust actions against the newly ascendant tech company only serve Beijing’s geopolitical goals.
2d
Nvidia CEO Jensen Huang says nuclear energy would be "wonderful" to power its data centers
Nvidia's founder and CEO, Jensen Huang, expressed interest in nuclear energy as a viable option to power its AI data centers.
Investor's Business Daily on MSN
2d
Dow Jumps 200 Points On Inflation Data; Nvidia Pressured, But China Stocks Rip Higher (Live Coverage)
The Dow Jones and Russell 2000 outperformed on the stock market today after the latest reading on inflation didn't sound any ...
3d
Dow Jones Today: S&P 500 Closes at Record High as Chipmakers and China-Facing Stocks Surge
Major U.S. indexes rose Thursday after a strong earnings report from Micron sent chip stocks sharply higher, while shares of ...
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