NVIDIA Can Sell AI Chip to China Again
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Cheering the news, Nasdaq-listed Nvidia shares jumped as much as $8.74, or 5.3%, in pre-market trade to $172.75 apiece. On Monday, shares of Nvidia—the world’s most valuable stock—ended at $164.07, down 0.52%, with a market capitalisation of $4.001 trillion.
Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.
To serve the rapidly growing number of AI users, the AI infrastructure must be constantly upgraded with new tools increasing the efficiency and resilience of AI chips