Nvidia, AMD to Resume AI Chip Sales to China
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Barchart on MSNStock Index Futures Climb on Nvidia Boost Ahead of U.S. Inflation Data and Big Bank EarningsS&P 500 E-Mini futures (ESU25) are up +0.39%, andSeptember Nasdaq 100 E-Mini futures (NQU25) are up +0.56% this morning as sentiment got a boost after Nvidia said it would restart sales of some AI chips to China,
BEIJING, July 15 (Xinhua) -- China will open the third China International Supply Chain Expo (CISCE) in Beijing on Wednesday, rallying multinational giants including Nvidia, Apple, and Airbus to showcase industrial resilience and cross-border collaboration.
The ringgit finished higher against the US dollar at the close on Tuesday as market sentiment improved on the back of better-than-expected economic data from China.
President Trump escalates his tariff strategy, imposing a 35% levy on Canadian imports, causing Wall Street to anticipate a lower open. Despite market fluctuations, Nvidia's valuation landmark and upcoming earnings season offer hope.
As the CEO of the Israel Innovation Authority noted, Nvidia is not here for tax perks. It is here for people. The engineers. The designers. The thinkers. The dreamers. Nvidia knows that behind Israel’s startup slogans are actual startups, actual talent, actual innovation. And they want in.
NVIDIA CEO Jensen Huang said President Trump was jubilant over the company's record $4 trillion valuation. Huang has met with Trump five times since the president took office in late January.
Asian markets edged higher on Tuesday as investors focused on U.S. trade talks, inflation data, and corporate earnings. The MSCI Asia-Pacific index outside Japan gained 0.4%, while Japans Nikkei added 0.
Wall Street indexes saw gains following Federal Reserve meeting minutes, with tech stocks, particularly Nvidia, leading the charge. Despite initial trade-related jitters, investor sentiment steadied,
NVIDIA CEO Jensen Huang spoke to USA TODAY about tariffs, trade and his trip to China after a meeting with President Donald Trump at the White House.