Nvidia, China and Trump
Digest more
Wall Street's position is clear. Nvidia stock is a buy. We'll know more after the company reports its Q2 results after the market close on Wednesday, Aug. 27.
Billionaire Philippe Laffont has significantly ramped up his investments in Nvidia and its leading AI-cloud collaborator, CoreWeave.
Nvidia and AMD have agreed to pay 15% of revenue from chip sales to China to the U.S. government. That has sparked a debate about whether the move could impact the chip giants’ business and whether Washington might seek out similar deals.
SoundHound AI stock is generating blistering revenue growth right now, as some of the world's biggest brands adopt its conversational artificial intelligence software. Nvidia used to be a SoundHound shareholder,
Nvidia shares fell 2.5% to $167.03 this week, marking a modest pullback as investors rotated out of AI-heavy semiconductor stocks. Despite strong long-term fundamentals, the dip follows comments from CEO Jensen Huang downplaying the near-term impact of silicon photonics—a much-hyped next-gen tech.
Nvidia and AMD agreeing to give 15% of their China chips revenue back to the U.S. doesn't recall any deal ever struck by the U.S. government.
If Nvidia and AMD are given special treatment…why shouldn't other companies be doing the same?” says one expert.