The White House unveiled sweeping new limits on the sale of advanced AI chips by Nvidia Corp. and its peers, leaving the Trump administration to decide how and whether to implement curbs that have encountered fierce industry opposition.
The White House on Monday announced new restrictions on artificial intelligence exports that will impact companies including Nvidia.
Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span. But the landscape is now changing for the chipmaker.
Nvidia blasted the Biden administration for implementing “misguided” rules limiting shipments of AI computer chips – and praised incoming President-elect Donald Trump – in a rare public broadside
Nvidia pushed back on the Biden administration's new executive order relating to overseas sales of advanced AI chips, saying it will undermine U.S. technological leadership.
Nvidia stock fell Monday after the Biden administration released new rules aimed at controlling the flow of artificial intelligence to China.
The White House has unveiled sweeping new limits on the sale of advanced artificial intelligence chips by Nvidia and its peers, leaving the Trump administration to decide how and whether to ...
President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.
Pres. Trump was joined by Larry Ellison, chairman of Oracle, Sam Altman, CEO of OpenAI, and Masayoshi Son, the CEO of Softbank at a White House news conference to announce the project, dubbed Stargate.
The good part is that Arm's critical position in the semiconductor market led to impressive gains since it went public in September 2023. Arm stock gained 144% since its U.S. stock market debut, though there have been ups and downs during this journey owing to its rich valuation.
Stargate CEOs cite project’s promise of enabling cancer vaccines, though Musk joins critics in questioning partners’ financial strength and wisdom of the joint venture.