Samsung Electronics Co. has obtained approval to supply a version of its fifth-generation high-bandwidth memory chips to Nvidia Corp., according to people familiar with the matter.
The US is considering new restrictions on chip sales to China, adding to existing concerns about competition from Chinese AI models.
Trump administration officials are exploring additional curbs on the sale of Nvidia Corp. chips to China, according to people familiar with the matter, who emphasized that conversations are in very early stages as the new team works through policy priorities.
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
The release by the Chinese artificial intelligence lab DeepSeek of an AI model that is faster and more efficient than anything currently on the market, and is also free, just sent shockwaves through the AI sector.
The Black Swan author Nassim Taleb is warning that Monday’s brutal selloff in Nvidia Corp. is just a taste of what’s in store for investors who blindly piled into Wall Street’s AI-driven stock rally.
Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever amid panic over DeepSeek.
Nvidia Corp., the biggest provider of chips used to train artificial intelligence software, said a new model released by Chinese startup DeepSeek is an “excellent AI advancement” that complies with US technology export controls.
U.S. President Donald Trump's administration is considering tightening restrictions on artificial intelligence leader Nvidia's sales of its H20 chips designed for the China market, Bloomberg News reported on Wednesday.
Nvidia shares hit their lows of the day on Wednesday after Bloomberg reported Trump administration officials are "exploring additional curbs" on the company's chip sales to China.
Intel Corp. reported better-than-feared fourth-quarter revenue, but warned that its return to competitiveness will take time.While the $14.3 billion in fourth-quarter sales beat estimates, part of that was from customers ordering ahead of possible US tariffs,