NVIDIA CEO Praises China’s Open Source AI
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NVIDIA To Resume H20 AI Chip Sales To China
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Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.
NVIDIA CEO Jensen Huang spoke to CNN about supporting ‘the craft of making things.’ Plus, China may be open to NVIDIA again.
Turning $10,000 in $1 million implies 10,000% growth. Imagine $4 trillion increasing 10,000% and it becomes clear that this isn't something realistic for Nvidia stock.
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Shares in Asia traded mixed on Wednesday after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. Tokyo's Nikkei 225 edged less than 0.
Nvidia just keeps winning across Washington and Wall Street. Nvidia stock climbed 4 percent Tuesday to hit a record high after the US government gave it the green light to resume
The stock is worth $4 trillion for a good reason. Nvidia's dominance in AI chips allows it to earn very high margins. Nvidia made $77 billion in net income on $148 billion of revenue over the last year, and its net income has increased 892% over the last three years.