China, NVIDIA and Trump
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Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
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Investor's Business Daily on MSNDow Jones Futures: Tesla, Google Step Up With Earnings Due; AI Stock Breaks Out As Nvidia, AMD RunDow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. TeslaTSLA and Google-parent AlphabetGOOGL headline a big earnings week, with both showing positive stock action.
NVIDIA's H20 AI GPUs are once again allowed to be sold in China following a reversal of restrictions by the Trump administration, and NVIDIA's CEO claims it wasn't he who changed the US President's mind.
The Score is a weekly review of the biggest stock moves and the news that drove them. The U.S. may be getting closer to a transcontinental railroad. Railroad operator Union Pacific is holding talks to acquire its smaller rival Norfolk Southern, The Wall Street Journal reported Thursday.
We recently published 10 Stocks On Jim Cramer’s Radar As He Says Trump Has Been Good For Growth. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed. NVIDIA Corporation (NASDAQ:NVDA) scored a big win in July when the firm announced that it was accepting orders for the China-specific H20 GPU after being
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.
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Nvidia stock is jumping today following announcements that the Trump administration will allow the company's H20 processor and other hardware to be sold in China. The approval of the export licenses for the company's AI hardware is an unexpected development -- and a big win for CEO Jensen Huang.