WASHINGTON—The Trump administration plans to allow Nvidia to export its H200 chip to China, according to people familiar with the matter, the latest twist in the artificial-intelligence chip designer’s efforts to maintain access to the world’s second-largest economy. Nvidia Chief Executive Jensen Huang Description The Commerce Department plans to approve a license for Nvidia to…
Meta Platform Inc. is reportedly in talks to spend billions on Google’s Tensor AI chips, which are powering its industry-benchmark Gemini 3 model. After this news, Alphabet Inc. Despite the surge in shares of Nvidia Corp., shares fell. Google already supplied 1 million Tensor chips to Anthropic PBC, which it called a “really powerful attestation”…
Spencer Huang, CEO Jensen Huang’s son, said on Friday that Nvidia Corp. is working with Hon Hai Precision Industry Co. (Foxconn) to bring AI to the factory floor and manufacturing. Spencer works as a product line manager for Nvidia’s leading robotics product line. Signage at Foxconn Technology Co.’s battery cell plant in Kaohsiung, Taiwan (Bloomberg)…
Microsoft Corp and Nvidia Corp plan to invest in Anthropic AI under a new tie-up that will require the cloud maker to use Microsoft Azure, another high-profile AI deal amid fears of a bubble. Dario Amodei, CEO and co-founder of Anthropic. (AP) According to the Microsoft-Nvidia-Anthropic deal, Nvidia and Microsoft will invest $10 billion and…
Wall Street lost its grip again on Tuesday, as fresh declines in Nvidia and other major technology stocks hurt sentiment, raising concerns that recent valuations have been inflated too much. The S&P 500 fell 0.3% in early trading, the Dow Jones Industrial Average dropped 361 points and the Nasdaq Composite dropped 0.6%, the AP reported.The…
SoftBank Group Corp sold its entire stake in Nvidia Corp, netting $5.8 billion, ahead of a planned investment by founder Masayoshi Son to build out its sphere of influence supporting artificial intelligence. Masayoshi Son, CEO of SoftBank. (Reuters) The Tokyo-based company had increased its stake in Nvidia to nearly $3 billion by the end of…
