Nvidia, China and Trump
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President Donald Trump said he is reducing some tariffs on Chinese imports following a meeting in South Korea with Chinese President Xi Jinping.
Nvidia has become the first company in history to surpass a $5 trillion market capitalization. This marks another milestone in its rise as the dominant force of the global artificial intelligence revolution.
At the company’s annual developers confab, Huang mentioned several times that half of the world’s AI researchers come from China.
Nvidia just hit $5 trillion market cap. CEO Jensen Huang is doing quite well himself, too.
Trump signals potential China tariff cuts & Nvidia AI chip sales. Learn about US-China relations, APEC summit, and tech policy before the Trump-Xi meeting. Click to discover more!
Nvidia became the first company ever to be valued at $5 trillion. Hopes for a détente with China helped drive it past the milestone. Nvidia still has a lot more ways it can grow. Nvidia (NASDAQ: NVDA) just hit another in a long list of milestones.
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Chinese defense company Norinco introduced an AI military drone with 'autonomous combat-support' capability to help make warfare more efficient.