Nvidia's (NVDA) new disclosure on artificial intelligence chip sales to China is only moderately comforting.
Nvidia 's new disclosure on artificial intelligence chip sales to China is only moderately comforting, as questions about the world's second-largest economy as a viable marketplace have yet to be resolved. In a securities filing Tuesday, Silicon Valley-based Nvidia said the U.S. government's new restrictions on AI chip exports are "effective immediately," instead of mid-November as first expected. Nvidia did not say what prompted the U.S.
mountain Nvidia's year-to-date stock performance. Nvidia's companywide growth has taken off in recent quarters, amid a surge in interest and investment in AI. The company commands a dominant position in the market for chips used in AI model training. The release of ChatGPT less than a year ago helped spark this current boom in Nvidia's business, and analysts widely believe it's still in the early innings globally.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nvidia Must Limit AI Chip Exports to China Immediately—Not in 30 DaysThe company disclosed the accelerated timing in a filing.
Read more »
US chip curbs give Huawei a chance to fill the Nvidia void in ChinaUS chip curbs give Huawei a chance to fill the Nvidia void in China
Read more »
Exclusive: Nvidia to make Arm-based PC chips in major new challenge to IntelNvidia (NVDA.O) dominates the market for artificial intelligence computing chips. Now it is coming after Intel’s longtime stronghold of personal computers.
Read more »
China’s top diplomat to visit D.C. amid tensions over South China Sea, IsraelOfficials in Washington hope that talks with China’s Foreign Minister Wang Yi could see Beijing use its influence to pressure Iran not to join the Israel-Hamas fight.
Read more »
China’s Finance Ministry: China and US had in-depth, candid and constructive discussionsChina’s Finance Ministry said on Tuesday that ”two sides had in-depth, candid and constructive discussions on the macroeconomic situation and policies
Read more »
Philippines tells China to stop provocative actions in South China SeaThe Philippines repeated its call for China to stop 'provocative actions', warning that its attempts to block Manila's resupply missions to a disputed atoll in the South China Sea could have 'disastrous results'.
Read more »