Nvidia, Jensen Huang and China
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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 announced that sales of its H20 chip to China would resume, with Washington's nod. Read more at straitstimes.com. Read more at straitstimes.com.
Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.
Huang has unloaded 1.2 million shares, totaling about $190 million, since he started selling stock this year, according to InsiderScore.
Nvidia CEO Jensen Huang speaks to journalists during a press conference at the Mandarin Oriental Qianmen after attending the third China International Supply Chain Expo, in Beijin
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The approvals mark a major reversal after April’s sweeping restrictions, imposed by the Trump administration, barred companies from selling certain advanced semiconductors to China. Those rules left Nvidia facing a $4.5 billion inventory write-down, as it had no alternative buyers for its H20 chips.
Nvidia CEO Jensen Huang says AI won't erase jobs but will transform how we work — starting with how we think and ask questions.
Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.
Jensen Huang, the chipmaker’s chief executive, is trying to balance his company’s interests as the United States and China compete for supremacy in artificial intelligence.