Nvidia ( NVDA) is on the verge of securing a massive lobbying win after U.S. lawmakers kept a measure out of must-pass defense legislation that would have limited the company’s ability to sell their advanced artificial intelligence chips to China and other adversary nations, Bloomberg News reported.

Speaking on the popular Joe Rogan podcast, Nvidia (NVDA) CEO Jensen Huang said that the “ AI race is real” and winners and losers will emerge in coming years. Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.

In a wide-ranging interview, Huang claims AI growth is gradual, powerful and already changing global power dynamics.

Nvidia shows strong revenue growth and stable valuation, but faces rising competition and possible correction. Read here for an analysis of NVDA stock.

Nvidia on Wednesday published new data showing that its latest artificial intelligence server can improve the performance of new models - including two popular ones from China - by 10 times.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

New reports suggest that China has banned TikTok parent ByteDance from using Nvidia chips in its data centers.

U.S. President Donald Trump met with chip giant Nvidia's CEO Jensen Huang on Wednesday to discuss export controls, a source familiar with the matter told Reuters.