NVIDIA Can Sell AI Chips to China
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Nvidia’s Strategic AI Vision Nvidia (NASDAQ:NVDA) has solidified its position as the backbone of the artificial intelligence (AI) revolution, with its graphics processing units (GPUs) driving the most advanced AI models and positioning it as a top choice for investors eyeing the industry’s growth.
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.
Semiconductor giant Nvidia continues to be a Wall Street favorite -- and for all the right reasons. The company's transition from a prominent GPU company to a full-stack artificial intelligence (AI) infrastructure provider has been genuinely exceptional.
Separately, stock in Dutch chip company ASML was falling sharply Wednesday after the company cut its outlook, blaming trade wars and tariffs for lower demand.
BEIJING/SHANGHAI (Reuters) -Nvidia CEO Jensen Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba and Tencent as "world class" and said AI was "revolutionising" supply chains,
Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?