China, NVIDIA
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NVIDIA leads Wall Street
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Nvidia's valuation has risen dramatically over the last two years since generative artificial intelligence became a mainstream topic.
The federal government’s past restrictions on AI chip sales inside China were easily the biggest threat to American preeminence in the AI space.
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David Sacks said this would "deprive Huawei of basically having this giant market share in China."
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Jensen Huang, the chipmaker’s chief executive, is trying to balance his company’s interests as the United States and China compete for supremacy in artificial intelligence.
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.
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.