Over $1B in smuggled NVIDIA chips sold in China
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Last week, Nvidia CEO Jensen Huang said it would soon resume selling its H20 chips to China after a breakthrough with the Trump administration on regulations.
In automotive, MediaTek’s Dimensity Auto cockpit platform now integrates Nvidia RTX GPUs for advanced in-vehicle graphics and compute tasks. On the edge AI front, Nvidia’s TAO toolkit works alongside MediaTek’s NeuroPilot SDK, streamlining model training and deployment.
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Nvidia AI chips worth $1B smuggled into China after Trump imposed US export controls: report
At least $1 billion in Nvidia computer chips were smuggled into China in the three-months span after President Trump imposed export controls on the cutting-edge chips, according to a bombshell
Trump’s new AI plan pushes deregulation, attacks “woke” models, and speeds chip factory development as OpenAI, xAI, and Nvidia drive global infrastructure expansion.
Needham analyst N. Quinn Bolton raised Nvidia’s price target to $200 from $160, projecting $3 billion quarterly H20 chip sales to China following resumed export approvals. Bolton forecasts revenue reaching $315 billion by fiscal 2028, including $20 billion from Chinese data center GPU sales.
Nvidia could get a boost from Elon Musk's xAI and Alphabet's Google as they race to build artificial intelligence.
Months after Oregon signed an agreement with the computer chip company Nvidia to educate K-12 and college students about artificial intelligence, details about how AI concepts and “AI literacy” will be taught to children as young as 5 remain unclear.
Nvidia’s (NVDA) rise from a gaming pure-play to an AI kingmaker has been nothing short of amazing. With cloud czars zooming to build the future with Nvidia chips at the heart of it, the company has become the cornerstone of a niche few even saw coming.
Meta Platforms is reshaping the AI landscape by raising the cost for top researchers. Only a few companies will be able to keep up.