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Amazon, Nvidia say all options on the table to power AI including fossil fuels

Anton Petrus | Moment | Getty Images OKLAHOMA CITY — Amazon and Nvidia told a room of oil and gas executives this week that all options are on the table to power artificial intelligence including fossil fuels such as natural gas. The tech and energy industries gathered in Oklahoma City at the Hamm Institute for … Read more

U.S. chip controls boon for China Nvidia rivals like Huawei: Analysts 

“There are several local Chinese companies that produce chips to compete with Nvidia,” said Brady Wang, associate director at Counterpoint Research. Raa | Nurphoto | Getty Images As the U.S. tightens controls on Nvidia’s sales to China, the country’s rising domestic artificial intelligence chipmakers like Huawei stand to benefit, semiconductor analysts say.  The Commerce Department … Read more

Nvidia CEO visits Beijing after U.S. bars chip sales to China

Nvidia Corp. Chief Executive Officer Jensen Huang arrived in Beijing Thursday, shortly after the Trump administration barred the company from selling H20 AI chip to China. Huang, a frequent visitor to the country, showed up in the capital at the invitation of a domestic trade group, according to a social media account affiliated with state-run … Read more

Nvidia chief Jensen Huang flies into Beijing for talks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia chief executive Jensen Huang visited Beijing on Thursday after new curbs from Washington on the chipmaker’s China sales sent its shares tumbling. Huang had arrived in China on Wednesday to meet officials and tech … Read more

Nvidia follows export laws ‘to the letter’ after China chip sales end

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of the Siliconware Precision Industries Co. (SPIL) Tan Ke Plant in Taichung, Taiwan, on Thursday, Jan. 16, 2025.  An Rong Xu | Bloomberg | Getty Images A day after Nvidia revealed it would incur $5.5 billion in costs related to canceled … Read more

U.S. stocks in freefall, NVIDIA down 8.49% as U.S. hits China with AI chip restrictions

U.S. stocks see major losses, tech stocks fare the worst as Nvidia risks a $5.5 billion revenue loss due to export restrictions on China. After this week’s relatively low volatility, U.S. stocks are tumbling again. This time, tech stocks and Nvidia were leading the declines. On Wednesday, April 16, Nasdaq was trading at 16,216.68, losing … Read more

Chip stocks fall as Nvidia, AMD warn of China export control costs

Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025. Brittany Hosea-small | Reuters Technology stocks declined Wednesday, led by a 5% drop in Nvidia, as the chipmaking sector signaled that President Donald Trump’s sweeping tariff plans could hamper demand … Read more

Hammerspace, an unstructured data wrangler used by Nvidia, Meta and Tesla, raises $100M at $500M+ valuation

Artificial intelligence services at their heart are massive data plays: you need data — a lot of it — to build the models, and then the models need efficient ways to ingest and output data to work.  A company called Hammerspace has built a system to help AI and other organisations tap into data troves … Read more

Nvidia takes a $5.5 billion hit from a new Trump ban that could also hasten China’s push to make its own chips

Nvidia, the company most closely connected to the AI boom, once again finds itself in the middle of the U.S.’s tech rivalry with China.  The chipmaker’s shares dropped almost 7% in post-market trading after the company revealed it could no longer export its H20 chips to Chinese customers. In a securities filing, the chipmaker said … Read more

Nvidia to take $5.5bn hit as US clamps down on exports of AI chips to China

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Nvidia has said it expects to take a $5.5bn blow after the US clamped down on its ability to export artificial intelligence chips to China, sending the Silicon Valley behemoth’s shares sliding in … Read more

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