NVIDIA discloses more China risks
Digest more
Nvidia faces slowing growth, China export bans, and valuation concerns despite strong AI demand. Read an analysis of NVDA stock here.
Nvidia CEO Jensen Huang had a lot to say about the China restrictions and praised President Donald Trump during the company's Q1 earnings call.
Recent plans for an Nvidia facility in Shanghai risk giving China access to cutting-edge technology, Sen. Jim Banks (R., Ind.) and Sen. Elizabeth Warren (D., Mass.) wrote in a recent letter to Chief Executive Jensen Huang,
Nvidia and AMD will soon begin selling new GPUs made for AI workloads in China to comply with US chip export restrictions.
2don MSN
Artificial intelligence titan Nvidia will take center stage Wednesday afternoon when the company shares financial results from its quarter ending last month, and though analysts expect record-setting sales amid the AI boom,
Nvidia ( NVDA) stock dropped as much as 2% Friday morning after US President Trump claimed that China had “totally violated” an agreement with the US. The tech-heavy Nasdaq ( ^IXIC) fell 0.3%, while the S&P 500 ( ^GSPC) was down just 0.1% late Friday morning.
The AI chip maker’s shares rose more than 5% after hours as quarterly revenue surged to a record $44 billion.
While many analysts still count Nvidia as a top tech pick, they're also cautious on overhangs related to China restrictions and tariffs.
As Beijing and Washington talk their way through the next phase of their tariff truce, Nvidia's disadvantage in China could swiftly turn into an edge.
Nvidia investors will look for definitive answers on how much U.S. chip curbs on China will cost the company when it reports results on Wednesday, even as a pullback in other regulations is expected to open up new markets.
Republican Senator Jim Banks and Democrat Elizabeth Warren are demanding answers from Nvidia Corp. CEO Jensen Huang on his firm’s reported plans to open a research facility in Shanghai.