Where we stand on Nvidia's latest China update and its potential foray into a new processor market

Nvidia 's new disclosure on artificial intelligence chip sales to China is only moderately comforting, as questions about the world's second-largest economy as a viable marketplace have yet to be resolved. In a securities filing Tuesday, Silicon Valley-based Nvidia said the U.S. government's new restrictions on AI chip exports are "effective immediately," instead of mid-November as first expected. Nvidia did not say what prompted the U.S.

mountain Nvidia's year-to-date stock performance. Nvidia's companywide growth has taken off in recent quarters, amid a surge in interest and investment in AI. The company commands a dominant position in the market for chips used in AI model training. The release of ChatGPT less than a year ago helped spark this current boom in Nvidia's business, and analysts widely believe it's still in the early innings globally.

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Источник: FXStreetNews - 🏆 14. / 72 Прочитайте больше »