China, NVIDIA and AI
Digest more
A Pivotal Decision for Nvidia Nvidia (NASDAQ:NVDA) announced it had secured U.S. government approval to resume sales of its H20 artificial intelligence (AI) chips to China, which could propel the chipmaker’s financial trajectory forward on its path to a potential $20 trillion market valuation.
In a crippling setback for the Trump administration, House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures -- a top priority for President Donald Trump.
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.
"There's a lot of ambiguity about what the real data in China are," said Kevin Hassett, a top economic adviser for the White House.
Harvard turned to international donors, including China, as one way to help save it from financial troubles. That money is dwindling, but Republicans are questioning the relationship.
The White House hosted an “African leaders” summit of sorts this week. But only five countries from the continent of more than 50 nations were welcome to join.