NVIDIA Readies New China Chip
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NVIDIA CEO Jensen Huang will visit TSMC in Taiwan to have dinner with TSMC executives, says Rubin AI GPU reveal happens at GTC Washington D.C. in October.
However, Huang's extensive lobbying paid off. Nvidia agreed to a 15% revenue-sharing agreement with the U.S. government, which allowed the company to resume sales of the H20 chip to China. While the deal could weigh on Nvidia's margins, it marks the continuation of a potentially lucrative opportunity, but there's more good news.
Nvidia Corp CEO Jensen Huang (黃仁勳) yesterday visited Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), as the chipmaker prepares for volume production of Nvidia’s next-generation artificial intelligence (AI) chips.
CEO Jensen Huang praised Taiwan Semiconductor Manufacturing Co. (NYSE: TSMC) and suggested that investing in the company would be a wise move.
Jensen Huang discusses AI chip sales, US approval for Nvidias H20 chip to China, and the implications for AI technology.
Nvidia CEO Jensen Huang stated that AI will progress regardless of US support, referencing the Trump administration's approval for Nvidia to sell a key AI chip to China.
Nvidia CEO Jensen Huang teased a robotics announcement framed as giving robots a "new brain," with details expected Aug. 25 after the company wrapped up a week celebrating 2 million developers and showcasing AI-powered robotics innovations.
TheStreet. Jensen Huang wants you to work hard — even if you’re family. Huang may be co-founder and CEO of AI-chip colossus Nvidia (NVDA) , but his children still had to start off as interns. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 Bear in mind that the elder Huang is a strong believer in resilience.