NVIDIA Can Sell H200 AI Chips to China
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Our multi-factor analysis indicates that it could be the right moment to divest NVDA stock. We maintain a general negative outlook on the stock, and a valuation of $133..
Donald Trump’s decision to allow Nvidia Corp. to sell advanced chips to China marks more than just a shift in US tech policy. It also raises questions about how far he’ll go to steady ties with Xi Jinping.
The US shut down a chip-smuggling ring that involved swapping Nvidia labels with a fake company name
Prosecutors alleged the network hid Nvidia hardware behind bogus paperwork and fake companies to bypass export rules and ship them to China.
The department alleges the men operated a smuggling network that spanned the Houston business, run by Alan Hao Hsu, and several warehouses across the US.
The Southern District of Texas announced the seizure of more than $50 million in NVIDIA GPUs bound for China in violation of US export laws. Authorities arrested two businessmen, one of them the owner of a Houston company,
Authorities have shut down yet another China-linked smuggling network for Nvidia's AI chips, according to a release from a U.S. Attorneys office.
U.S. stock index futures were flat on Tuesday as investors remained cautious a day ahead of a long-anticipated monetary policy decision by the Federal Reserve, while Nvidia gained after the chip giant received approval to sell some of its processors to China.
Cola, Lay’s and Doritos agreed with activist investor Elliott Investment Management to cut costs across the company and lower food prices, [The Wall Street Journal reported](