AI
Nvidia CEO in Beijing as US tech curbs, trade war threaten sales
[ad_1]
Nvidia CEO Jensen Huang arrived in Beijing on Thursday, state media said, days after the United States curbed sales of its H20 artificial intelligence chips to China.
Nvidia this week said it expected a $5.5 billion earnings hit this quarter due to a new US licensing requirement on GPUs (graphics processing units) with bandwidths similar to the H20, the primary chip it could legally sell in China.
Shares of the company slumped around seven% on Wednesday.
In Beijing on Thursday, Huang met with Ren Hongbin, head of the China Council for the Promotion of…
[ad_2]
Source link
You must be logged in to post a comment Login