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I said, “why?” I said, “what percentage of the market does he have?” “Sir, he has 100%,” they said. “Who the hell is he? What’s his name?” “His name is Jensen Huang, Nvidia.” I said, “What the hell is Nvidia? I’ve never heard of it before.” He said, “you don’t want to know about it, sir.”
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on "Investing in America" on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images The China-U.S. trade war in the first Donald Trump administration saw Apple CEO Tim Cook go on a charm offensive with the president while maintaining strong relations with Beijing. Apple avoided U.S. tariffs and continued to grow in China, while Cook earned the reputation as a sk
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Despite being beaten down by years of U.S. trade restrictions, China's telecom giant Huawei has quietly emerged as one of the country's fiercest competitors across the entire AI landscape. Not only does the Shenzhen-based firm appear to represent Beijing's answer to American AI chip darling Nvidia, but it has also been an early adopter of monetizing artificial intelligence models in industrial applications. "
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at about $12.94 million, according to a filing with the U.S. Securities and Exchange Commission. Friday's sale is part of a plan adopted in March for Huang to sell up to 6 million shares of the leading artificial intelligence company. Earlier this week, Huang sold 225,000 shares of the chipmaker, totaling about $37 million, ac
Wall Street was bristling earlier this month as the chipmaker Nvidia behind the AI boom hit a record market value of $3.92 trillion, narrowly eclipsing Apple's record of $3.915 trillion set last December. Just days later, Nvidia became the most valuable company in history, breaking the $4 trillion value ceiling and pushing CEO Jensen Huang up to being the world's sixth richest person, with a net worth of over $143 billion. With his bag safely secured for the next several dozen generations, Hua
Rare-earth elements appear to be behind Nvidia’s stance on China. After announcing in June plans to essentially withdraw from the Chinese market, the semiconductor chip and AI giant reversed course and said it was filing an application to restart sales of its H20 AI chip to China. U.S. Commerce Secretary Howard Lutnick said Tuesday that Nvidia’s plans to start selling its H20 AI chips are tied to ongoing trade discussions with China regarding rare-earth elements, according to reporting from
Rare earth elements appear to be behind Nvidia’s stance on China. After announcing in June plans to essentially withdraw from the Chinese market, the semiconductor chip and AI giant reversed course and said it was filing an application to restart sales of its H20 AI chip to China. U.S. Commerce Secretary Howard Lutnick said Tuesday that Nvidia’s plans to start selling its H20 AI chips are tied to ongoing trade discussions with China regarding rare earth elements, according to reporting from
NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia CEO Jensen Huang sold another 225,000 shares of the chipmaker, totaling about $37 million, according to a U.S. Securities and Exchange Commission filing. The sale comes as part of a plan adopted in March for Huang to sell up to 6 mil
Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales in the world's second-largest economy. The comments come after Nvidia said on Monday that it will resume sales of its H20 artificial intelligence chip to China, reversing a previous ban. The H20 is a less-advanced semiconductor designed for AI workloads that comply with U.S. export restrictions to China. "I hope to get more advanced chips into
Apple’s MLX machine learning framework, originally designed for Apple Silicon, is getting a CUDA backend, which is a pretty big deal. Here’s why. The work is being led by developer @zcbenz on GitHub (via AppleInsider), who started prototyping CUDA support a few months ago. Since then, he split the project into smaller pieces, and gradually merged them into Apple’s MLX’s main branch. The backend is still a work in progress, but several core operations, like matrix multiplication, softmax, reduc
Chinese firms have begun rushing to order Nvidia's H20 AI chips as the company plans to resume sales to mainland China, Reuters reports. The chip giant expects to receive US government licenses soon so that it can restart shipments of the restricted processors just days after CEO Jensen Huang met with President Donald Trump, potentially generating $15 billion to $20 billion in additional revenue this year. Nvidia said in a statement that it is filing applications with the US government to resum
Chinese firms have begun rushing to order Nvidia's H20 AI chips as the company plans to resume sales to mainland China, Reuters reports. The chip giant expects to receive US government licenses soon so that it can restart shipments of the restricted processors just days after CEO Jensen Huang met with President Donald Trump, potentially generating $15 billion to $20 billion in additional revenue this year. Nvidia said in a statement that it is filing applications with the US government to resum
Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025. Commerce Secretary Howard Lutnick on Tuesday said the Trump administration reversed course on allowing Nvidia to sell its AI chips to China because the U.S. company will not be giving over its best technology. Lutnick made the remark speaking with CNBC's Brian Sullivan, saying that Nvidia wants to sell China its "4th best" chi
It’s been a very busy week for Nvidia CEO Jensen Huang. After meeting with President Donald Trump and senior officials in Beijing in recent days, Huang has secured a major victory for his AI-chip empire. On Monday, Nvidia announced that the U.S. government will allow it to resume sales of its H20 AI chips in China. The company still needs to secure official licensing approval from the Trump administration, but officials have reportedly assured Nvidia “that licenses will be granted.” The company
NVIDIA will be able to start selling its H20 AI GPU to China again soon after gaining approval to do so from the US government, the company announced in a blog post. Earlier this year, the company was blocked from selling the H20 to China over concerns it could aid the nation's military. "NVIDIA is filing applications to sell the H20 GPU again. The US government has assured NVIDIA that licenses will be granted and NVIDIA hopes to start deliveries soon," the article states. The company also anno
Nvidia says it will restart AI chip sales to China Nvidia chief executive Jensen Huang is currently in China The chips have been a key focus of export controls aimed at keeping the cutting-edge technology out of Beijing's hands as the AI race between the US and China heats up. The move reverses a ban on sales of Nvidia's H20 chips to Beijing, which was imposed by US President Donald Trump's administration in April over concerns that they could be used by the Chinese military. The US governme
Nvidia announced Monday that it’s filing applications to restart sales of its H20 artificial intelligence chips to China, capping a spasmodic few months that saw the Trump administration impose restrictions, then quickly reverse course after a high-profile dinner meeting. The company expects to receive U.S. government licenses soon and begin deliveries shortly after, according to a blog post. Nvidia is also introducing a new “RTX Pro” chip designed specifically for the Chinese market, calling i
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference on May 21, 2025. Nvidia said Tuesday that it hopes to resume sales of its H20 general processing units to China, in a major win for the company that has suffered from U.S. export curbs. Nvidia's sales of the H20 AI chips, which had been designed specifically to keep them out of export controls on China, were halted in April. "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes
Nvidia is recommending a mitigation for customers of one of its GPU product lines that will degrade performance by up to 10 percent in a bid to protect users from exploits that could let hackers sabotage work projects and possibly cause other compromises. The move comes in response to an attack a team of academic researchers demonstrated against Nvidia’s RTX A6000, a widely used GPU for high-performance computing that’s available from many cloud services. A vulnerability the researchers discove
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm's chips will aid the Chinese military, days ahead of another trip to the country as he attempts to walk a tightrope between Washington and Beijing. In an interview with CNN aired Sunday, Huang said "we don't have to worry about" China's military using U.S.-made technology because "they
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm's chips will aid the Chinese military, days ahead of another trip to the country as he attempts to walk a tightrope between Washington and Beijing. In an interview with CNN aired Sunday, Huang said "we don't have to worry about" China's military using U.S.-made technology because "they
This week, Nvidia became the first company in history to be worth $4 trillion. It’s a number so large it’s almost meaningless, more than the entire economy of Germany or the United Kingdom. While Wall Street celebrates, the question for everyone else is simple: So what? The answer, according to Nvidia’s CEO Jensen Huang, is that this is not just about stock prices. It’s about a fundamental rewiring of our world. So why is this one company so important? In the simplest terms, Nvidia makes the “
Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, according to a U.S. Securities and Exchange Commission filing. The sale, which totals 225,000 shares, comes as part of Huang's previously adopted plan in March to u
NVIDIA is warning users to activate System Level Error-Correcting Code mitigation to protect against Rowhammer attacks on graphical processors with GDDR6 memory. The company is reinforcing the recommendation as new research demonstrates a Rowhammer attack against an NVIDIA A6000 GPU (graphical processing unit). Rowhammer is a hardware fault that can be triggered through software processes and stems from memory cells being too close to each other. The attack was demonstrated on DRAM cells but i
Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, according to a U.S. Securities and Exchange Commission filing. The sale, which totals 225,000 shares, comes as part of Huang's previously adopted plan in March to u
Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an 'Investing in America' event in Washington, D.C., on April 30, 2025. Nvidia CEO Jensen Huang met with President Donald Trump at the White House on Thursday, CNBC's Megan Cassella reported. The meeting comes as Nvidia rose slightly on Thursday, becoming the first company to close a trading day with a market cap over $4 trillion, beating Apple and Microsoft to the symbolic milestone. Nvidia touched the mark briefl
Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an 'Investing in America' event in Washington, D.C., on April 30, 2025. Nvidia CEO Jensen Huang will meet with President Donald Trump at the White House on Thursday, CNBC's Megan Cassella reported. The meeting comes as Nvidia rose slightly on Thursday, becoming the first company to close a trading day with a market cap over $4 trillion, beating Apple and Microsoft to the symbolic milestone. Nvidia touched the mark
In Brief Nvidia seems determined to find a way to sell AI chips in China despite U.S. export restrictions. The semiconductor giant is planning to launch an AI chip specifically for the Chinese market as early as September, as originally reported by the Financial Times. This AI chip would be based on Nvidia’s Blackwell RTX Pro 6000 processor, which is already modified to meet the existing AI chip restrictions, the Financial Times added. These chips wouldn’t include high-bandwidth memory or NVL
The letters AI, which stands for "artificial intelligence," stand at the Amazon Web Services booth at the Hannover Messe industrial trade fair in Hannover, Germany, on March 31, 2025. Amazon said Wednesday that its cloud division has developed hardware to cool down next-generation Nvidia graphics processing units that are used for artificial intelligence workloads. Nvidia's GPUs, which have powered the generative AI boom, require massive amounts of energy. That means companies using the proces
Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia stock rose on Wednesday lifting the company's market cap briefly past $4 trillion for the first time as investors scooped up shares of the tech giant that's building the bulk of the hardware for the generative artificial intelligence boom. However, Nvidia stock ended finishing the day only up 1.