NVIDIA becomes 1st $4 trillion company at market close
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Jensen Huang will meet President Donald Trump at the White House, a day before the chip designer's head plans to visit China.
NVIDIA's upcoming B30 AI GPU made for China won't be sold before September, CEO Jensen Huang will visit China next week to prepare B30 for the country.
If China isn't able to import these chips, it could be that China is ready to make its own. Given Nvidia boss Jen-Hsun Huang has commented on the country's growing capabilities, China might be getting ready to fill its data centres with its own AI chips in the near future.
Nvidia has been grappling with export controls on its AI chips implemented by the Trump administration in April for national security reasons.
Synopsys, Inc. (NASDAQ:SNPS), along with Siemens and Cadence, is one of the key providers of EDA software in the world.
China plans to deploy 115,000 Nvidia chips in Xinjiang data centers, defying U.S. export curbs amid AI ambitions.
Nvidia Corp. became the first company in history to achieve a $4 trillion market valuation, cementing its status as a kingpin in the global financial market.
1hon MSN
Cadence Design Systems, Inc. (NASDAQ:CDNS) is one of the most important companies in the semiconductor industry.