NVIDIA Readies New China Chip
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11hon MSN
Nvidia halts H20 chip production as China clamps down on orders, citing alleged security risks
Nvidia shares slipped 1.1% in early trading as Wall Street digested the latest blow to its China business, which pulled in $17 billion last year.
NVIDIA Corporation (NASDAQ:NVDA) is one of the Trending AI Stocks on Wall Street. On August 20, Deutsche Bank analyst Ross Seymore reiterated a Hold rating on the stock with a $155.00 price target.
Nvidia (NASDAQ:NVDA) has experienced a meteoric rise over the past few years, transforming from a graphics card giant for gamers into the undisputed leader of the AI revolution. With a market capitalization soaring to $4.
Nvidia was blindsided earlier this year when the US government enacted tougher restrictions on selling artificial intelligence chips to China. The restriction prevented Nvidia from selling its H20 chip within the Middle Kingdom,
Nvidia's CEO, Jensen Huang, is in discussions with the Trump administration regarding a potential new semiconductor for China, despite existing restri
Nvidia's H20 chip for China halted amid Beijing's push for self-sufficiency. Domestic rival DeepSeek launches upgraded model for local chips.