President Donald Trump has announced that the United States will allow tech giant Nvidia to sell its second-most powerful AI chips to “approved customers” in China and other countries, with the condition that the U.S. government receives a 25 percent share of the sales revenue.
Nvidia CEO Jensen Huang met with President Donald Trump on Wednesday to discuss AI chip export restrictions and voiced his opposition to state-level regulation of artificial intelligence.
Nvidia CEO Jensen Huang praised President Donald Trump on Wednesday, telling podcaster Joe Rogan that “everything” the president “thinks through is very practical, common sense, and logical.” Jensen also credited Trump’s energy policy with saving AI, telling Rogan, “Without energy growth, we can have no industrial growth. And that was what saved the AI industry.”
Famed investor Michael Burry, known for his successful bet against the housing market in 2008, has set his sights on Elon Musk’s Tesla, calling the electric vehicle maker “ridiculously overvalued” in a recent blog post. Burry has emerged as a sharp critic of big tech, targeting Nvidia as well as Google and Meta with recent articles.
Nvidia fell more than four percent in morning trading after reports emerged that Mark Zuckerberg’s Meta is in talks to spend billions on Google’s AI chips, potentially establishing them as a viable alternative to Nvidia’s industry-leading offerings.
The DOJ has unsealed charges against two Chinese nationals for allegedly conspiring with two Americans to smuggle Nvidia and HP chips to China, circumventing U.S. export laws and regulations.
Despite record sales and a strong financial forecast, Nvidia CEO Jensen Huang’s passionate arguments on the company’s earnings call failed to fully alleviate investor concerns about a potential AI bubble.
Michael Burry, the investor who gained fame for his role in “The Big Short,” has recently accused major technology companies of using aggressive accounting tactics to artificially boost their earnings amidst the AI boom. The fresh accusations come shortly after Burry went public with claims of an “AI bubble.”
Rumble, the freedom-first technology platform, has signed a business combination agreement to acquire Northern Data AG, a leader in AI and high-performance-computing infrastructure. The move solidifies Rumble as an alternative to left-wing Silicon Valley technocrats.
Jensen Huang, CEO of Nvidia, has cautioned that China is poised to outpace the United States in the race for artificial intelligence supremacy, citing lower energy costs and more relaxed regulations as key factors.
Michael Burry, the hedge fund manager who famously bet against the US housing market in 2008, and was portrayed by Christian Bale in 2015’s The Big Short, has disclosed bearish wagers on Nvidia and Palantir Technologies, based on his belief that the economy is in an AI bubble.
Nvidia CEO Jensen Huang announced that the company will build seven supercomputers for the Department of Energy with up to 100,000 chips all made in America. Huang said, “The first thing that President Trump asked me is, ‘bring manufacturing back.'”
Elon Musk’s artificial intelligence startup, xAI, has raised $20 billion in its latest funding round, with AI hardware powerhouse Nvidia leading the investment.
OpenAI and Advanced Micro Devices (AMD) have reached a groundbreaking deal that could see Sam Altman’s company take a 10 percent stake in the chipmaker. The deal comes shortly after OpenAI signed a massive deal with Nvidia, the dominant player in the AI chip arena.
Intel has reportedly approached Apple about securing an investment in the ailing chipmaker as part of efforts to strengthen a business that is now partially owned by the U.S. government.
Nvidia has announced a massive $100 billion investment in OpenAI, sending ripples through the tech industry and boosting shares of semiconductor companies globally.
AI powerhouse Nvidia has announced a $5 billion investment in Intel, marking a strategic partnership aimed at accelerating advancements in artificial intelligence and personal computing. Intel shares have surged almost 24 percent at market open in response.
On Friday’s broadcast of the Fox Business Network’s “Maria Bartiromo’s Wall Street,” Chairman of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party Rep. John Moolenaar (R-MI) criticized the Trump administration’s deal
Nvidia is reportedly working on a new AI chip designed specifically for the Chinese market that would be less powerful than its flagship B300 Blackwell GPU, but more capable than chips currently allowed for export by the U.S. government.
Chipmakers Nvidia and AMD have reportedly agreed to give the U.S. government 15 percent of the revenues from their chip sales in China, as part of a negotiation to obtain export licenses from the Trump administration.
President Donald Trump announced a plan to impose a 100 percent tariff on all computer chips imported to the United States, with exemptions for companies that commit to building facilities on U.S. soil.
At least $1 billion worth of Nvidia’s advanced artificial intelligence processors were smuggled into China in the three months following the tightening of chip export controls by the Trump administration.
Nvidia CEO Jensen Huang praised the contributions of Communist Chinese companies and researchers to the field of AI during a recent visit to Beijing. Huang is interested in selling AI chips to America’s enemy instead of ensuring the West wins the AI race.
Nvidia has reportedly become the first company to hit a $4 trillion market cap after the AI giant’s stock jumped on Wednesday.
Nvidia has joined a $650 million funding round for TerraPower LLC, a nuclear energy startup founded by creepy Bill Gates. The company plans to further develop its advanced reactor project in Wyoming, which could one day contribute to the insatiable power demands of AI datacenters full of Nvidia chips.
Nvidia CEO Jensen Huang has expressed concern over the increasing sophistication of Chinese AI technology, as US export restrictions continue to hamper the chipmaker’s access to the Chinese market.
Nvidia CEO Jensen Huang is calling on the Trump administration to lower barriers on the export of AI technology to China, which he labels a “failure.” The AI kingpin warns that not selling chips to our enemies could result in billions of dollars in lost revenue for American companies competing with Chinese companies like Huawei.
President Donald Trump’s visit to the United Arab Emirates (UAE) included a deal on Thursday that will allow the Emiratis to purchase advanced semiconductors from the United States, paving the way for them to build the largest artificial intelligence (AI) campus outside of America’s borders.
Nvidia CEO Jensen Huang has announced that the company will send 18,000 AI GPUs to Saudi Arabia’s state-sponsored AI company, Humain, following the cancellation of pending U.S. AI diffusion export rules.
AI giant Nvidia and startup Anthropic are engaged in a rare public dispute over U.S. chip export restrictions set to take effect on May 15. The restrictions are designed to keep powerful AI chips out of the hands of the Chinese.
The White House has launched a website tracking the flood of announced investments into the United States since President Donald Trump’s return to office.
President Donald Trump said Wednesday that private sector investments into the United States since he returned to office are nearing $8 trillion.
The Trump administration on Monday informed U.S. chipmaker Nvidia that exports of its powerful H20 chips to China, and several other nations, will have to meet new licensing requirements.
AMD has announced that its key processor chips will soon be produced at TSMC’s new facility in Arizona, marking the first time AMD’s products will be manufactured in the United States. The news comes on the heels of AI giant Nvidia announcing it will produce AI chips and supercomputers in Arizona and Texas.
Nvidia has announced plans to build AI supercomputers in Texas and invest up to $500 billion in AI production within the United States.
Microsoft has been pulling back on data center projects around the world, prompting questions about the company’s expectations for future demand of cloud and AI services.
Nvidia CEO Jensen Huang on Wednesday said the chip manufacturing company could invest hundreds of billions of dollars in the United States.
Singapore police arrested three people on Thursday for allegedly smuggling chips from American tech giant Nvidia to China, throwing a spotlight on China’s efforts to obtain advanced components in defiance of export restrictions – and showing just how diligently American companies are working to enforce those restrictions.
Nvidia sales surged by 78 percent as demand for the company’s specialized AI Blackwell chips grow, according to the company’s fourth quarter financial results.
President Donald Trump and Nvidia CEO Jensen Huang reportedly met at the White House on Friday to discuss China’s DeepSeek AI technology and what to do with regards to tightening chip exports moving forward.
