Catenaa, Tuesday, August 12, 2025- China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the chipmaker’s return to China. Quoting sources, Bloomberg said that over the past few weeks, Chinese authorities have sent notices to a range of firms discouraging the use of the less-advanced semiconductors. The guidance […]
Catenaa, Friday, July 18, 2025- China hopes that Nvidia will provide high-quality and reliable products and services to Chinese customers, as demand for H2O chips soars. Chinese Commerce Minister Wang Wentao said in a statement on Friday that Nvidia was willing to deepen cooperation with Chinese partners in the field of artificial intelligence. Nvidia CEO […]
Catenaa, Tuesday, July 01, 2025- Two Chinese AI chip startups are seeking to raise a combined $1.65 billion in initial public offerings on the Shanghai Stock Exchange to boost local demand. Beijing-based Moore Threads plans to raise $1.12 billion, while Shanghai-based MetaX seeks $530 million, according to their IPO prospectuses filed on Monday. Their fundraising […]
Catenaa, Monday, August 11, 2025– Nvidia and AMD agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, Financial Times reported on Monday. Quoting sources, the report said that Nvidia plans to share 15% of the revenue from sales of its H20 […]
Catenaa, Wednesday, July 09, 2025- Nvidia became the first publicly traded company to hit the $4 trillion mark on Wednesday after its share price hit a record high of $164.27 as generative AI hype continues. The chipmaker surpassed fellow tech players, including Microsoft and Apple, and Nvidia’s stock price is up 22% year-to-date and 24% […]
Catenaa, Wednesday, April 16, 2025- Nvidia stock fell over 7% on Wednesday, after the company said that it would take a $5.5 billion hit from the new controls imposed by the US on its semiconductor exports to China. Nvidia said in a regulatory filing late Tuesday night that the US government informed the company it […]
Catenaa, Tuesday, July 29, 2025- Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC to cater to the surging demand in China after export controls were lifted. Quoting sources, Bloomberg said on Tuesday, the new orders with Taiwan’s TSMC would add to the existing inventory of 600,000 to 700,000 H20 chips. The Trump […]
Catenaa, Wednesday, May 07, 2025- Nvidia would face a “tremendous loss” if the chipmaker loses access to the soon to be $50 billion worth AI market in China, CEO Jensen Huang said. In an interview with CNBC on Tuesday, the Nvidia boss addressed concerns about the growing restrictions facing his company as the US government […]
Catenaa, Wednesday, July 16, 2025- Nvidia will ramp up the supply of Chinese-compliant H20 chips in the coming months and look to bring more advanced semiconductors to the Chinese market. “I hope to get more advanced chips into China. Today H20 is still incredibly good, but in coming years, whatever we are allowed to sell […]