NVIDIA CEO Jensen Huang Heads to China
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The Chinese firm has reached out to potential clients in the UAE, Saudi Arabia and Thailand about buying its Ascend 910B processors.
A Bloomberg analysis of documents and company filings show how China is building giant data centers in the desert to fuel its AI ambitions — and looking to buy 115,000 banned Nvidia chips to power them.
Nvidia Corporation remains a top AI infrastructure pick despite risks, and Advanced Micro Devices offers tactical opportunity. Click for more on AMD and NVDA.
US Senators Jim Banks and Elizabeth Warren have cautioned Nvidia CEO, Jensen Huang, against meeting with certain Chinese companies during his upcoming trip to China.
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Tom's Hardware on MSNChina plans 39 AI data centers with 115,000 restricted Nvidia Hopper GPUs — move raises alarm over sourcing, effectiveness of bansChina plans to build 39 AI data centers using over 115,000 restricted Nvidia GPUs, with 70% going to a massive site in Xinjiang, potentially defying U.S. export bans and raising concerns over sourcing.
Nvidia shares were down 0.8% at $162.86 in premarket trading, in line with a slump in wider market futures. The stock rose 0.8% on Thursday and the company became the first to close above $4 trillion, cementing its position as the world’s most valuable by market capitalization.
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Stacy Rasgon, Bernstein senior semiconductor analyst, joins 'Squawk Box' to discuss Nvidia's rally to a $4 trillion market cap, the ban on sales to China and what's next for the semiconductor sector.
Nvidia's market cap just hit $4 trillion, and it could rise further on positive market sentiment. Nvidia stock offers exciting opportunities for long-term investors. Nvidia (NASDAQ: NVDA) is back as the most valuable company in the world,