NVIDIA to boost H20 chip sales to China
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At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.
China has invested billions into its artificial intelligence ambitions, aiming to be a leader in the global tech landscape. At the Beyond Expo in Macao, CNN’s Kristie Lu Stout explores the country’s latest breakthroughs and its growing influence in the world of AI.
Once celebrated as China's most promising AI agent, Manus has plunged into uncertainty after abruptly shifting its headquarters to Singapore and erasing its digital footprint from Chinese platforms. The abrupt reversal marks a dramatic rise-and-fall arc in under 100 days.
But the fact that America or China will win this contest should not turn other countries into mere spectators. Even more important for their economies and societies is the other AI race, the one for “everyday AI ”: the deployment and diffusion of the technology across the whole of the nation.
Commerce secretary Howard Lutnick said the US’s reversal of restrictions on sales of chips to China followed recent trade negotiations with Beijing over rare earths. President Donald Trump curbed exports of Nvidia’s H2O artificial intelligence chips to China in April as part of an escalation of his trade war with Beijing.
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Gil Luria from D.A. Davidson discusses the national security concerns around the report that U.S. officials are delaying a deal for the UAE's purchase of Nvidia AI chips.
SOXX offers the best balance of AI exposure and diversification among semiconductor ETFs. Read why I rate SOXX a buy seeking AI exposure.
China is pulling ahead of the rest of the world in sinking data centers that power AI into the ocean as an alternate way to keep them cool