Former president Joe Biden’s administration had restricted the sale of chips to China over national security concerns regarding Beijing’s military applications.

AI chip war U-turn? Trump allows Nvidia H200 sales to China, says Xi Jinping ‘responded positively’

The Santa Clara-based company is at the centre of the global AI boom, and its market capitalisation as on Wednesday now exceeds the total valuation of the cryptocurrency market and is roughly half the size of Europe’s Stoxx 600 index.

Riding on AI boom, Nvidia scripts history, becomes first firm to reach $5 trillion market value

Global chip giant Nvidia has hit a major milestone. According to the MSCI All Country World Index, the US-based company has overtaken Japan, one of the world's largest economies in the world, as far as market weight is concerned. 

Nvidia represents 5.04 per cent of the key equity index, surpassing Japan: Report

Nvidia CEO Jensen Huang says AI spending will hit multi-trillion dollars within five years, calling it a new industrial revolution. Despite strong demand for its chips, Nvidia shares dipped as Q3 outlook excluded china due to trade restrictions.

Nvidia CEO says AI boom is just starting, predicts multi-trillion dollar growth

Nvidia’s $46.7 billion revenue and strong AI chip growth highlight massive demand for artificial intelligence, boosting Palantir’s stock 1,760 per cent and supporting rapid adoption of Palantir’s AI platform. Read more below.

How Nvidia’s $46.7 billion boost helped Palantir stock

Nvidia delivered a blockbuster Q2 with $46.7 billion in revenue and net profit of $26.4 billion, both up sharply on a year earlier. Demand for its AI chips, especially the Blackwell line, drove growth. 

Nvidia profits surge, but China’s H20 chip remains unsold

The US government deals with chip makers Nvidia and Intel— taking revenue cuts and equity stakes- is raising questions about its avowed stance of keeping away from the markets. These moves echo China-style state capitalism. Here is why it matters

Nvidia, Intel deals with US govt: Is the Trump administration sneakily 'nationalising' firms in the name of capitalism?

The never-before deal will likely allow them to continue with China exports, a sort of "pay-to-play' arrangement in a legal grey zone.

Strange times, stranger deals: Why Nvidia, AMD plan to give 15 per cent China revenue to Trump govt is as weird as it gets

The H20, designed for China after US export curbs, was briefly banned under Trump before limited sales resumed in July. With state media warning consumers to avoid the product, the standoff signals deepening distrust in the US and China chip war and could jeopardize Nvidia’s China market share.

China calls Nvidia H20 chips unsafe, cites ‘backdoor’ concerns

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AI chip war U-turn? Trump allows Nvidia H200 sales to China, says Xi Jinping ‘responded positively’

Nvidia scripts history, becomes first firm to reach $5 trillion market value

Nvidia represents 5.04 per cent of the key equity index, surpassing Japan

Nvidia CEO says AI boom is just starting, predicts multi-trillion dollar growth

How Nvidia’s $46.7 billion boost helped Palantir stock

Nvidia profits surge, but China’s H20 chip remains unsold

Nvidia, Intel deals with US govt: Is Trump admin sneakily 'nationalising' firms?

15 per cent cut to Uncle Sam? Nvidia, AMD’s China chip deal with US is strange

China calls Nvidia H20 chips unsafe, cites ‘backdoor’ concerns