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What is the news on Nvidia?

Asked 1 hour ago

Answer

Nvidia faces escalating trade tensions with China, including a ban on its AI chips and an anti-monopoly probe. Shares have declined, and future China revenue is uncertain. Meanwhile, Nvidia is in talks with OpenAI for a major UK data center deal.

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Reuters

China tells tech firms to stop buying Nvidia's AI chips, FT reports

Reuters · Just In
Reuters
Reuters
Just In
  • China's cyberspace regulator ordered top tech firms to stop buying Nvidia's AI chips. 5s
  • The directive targets companies like ByteDance and Alibaba and the RTX Pro 6000D chip. 21s
  • The move follows Beijing's accusation that Nvidia violated anti-monopoly laws. 34s
  • Nvidia's CEO stated the company can only serve markets where it is allowed. 51s
  • Some firms had already backed out of RTX 6000D chip orders before the ban. 1m 11s
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References

China tells tech firms to stop buying Nvidia's AI chips, FT reports
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Reuters
2 hours ago
China tells tech firms to stop buying Nvidia's AI chips, FT reports

China has ordered major tech firms like ByteDance and Alibaba to stop buying and testing Nvidia's AI chips, escalating US-China trade tensions.

Trump in the UK: What’s at stake
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CNBC
2 days ago
Trump in the UK: What’s at stake

OpenAI and Nvidia are in talks about a major deal to support UK data center development.

Nvidia caught in trade tensions
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CNBC
2 days ago
Nvidia caught in trade tensions

Chinese regulators announced Nvidia violated antitrust laws with its 2020 Mellanox acquisition, aligning with ongoing US-China trade negotiations.

China targets Nvidia with anti-monopoly probe
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CNBC
2 days ago
China targets Nvidia with anti-monopoly probe

Chinese regulators found Nvidia violated anti-monopoly law related to its Mellanox acquisition, causing shares to drop.

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