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Stockreport

U.S. tech execs smuggled Nvidia chips to China, prosecutors say [CNBC]

NVIDIA Corporation (NVDA)  More Company Research Source: CNBC
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The U.S. government has been trying to figure out how high-powered chips have reached China without authorization, as U.S. companies such as Anthropic and OpenAI face challenges from DeepSeek and other Chinese rivals. Nvidia's graphics processing units have been in demand across the world for training generative AI models. U.S. President Donald Trump initially sought to prevent China from obtaining the processors. But in December he said he told China's President Xi Pinging that the U.S. would permit Nvidia to ship H200 GPUs to China, “under conditions that allow for continued strong National Security.” Earlier this week Nvidia CEO Jensen Huang said the chipmaker is restarting manufacturing to fulfill H200 purchase orders from China. Last summer, Nvidia had received licenses to export the H20 chip to China, with Huang agreeing to provide the U.S. with 15% of its sales in China. This is breaking news. Please refresh for updates. [Read more]
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Stockreport

U.S. tech execs smuggled Nvidia chips to China, prosecutors say [CNBC]

NVIDIA Corporation  (NVDA) 
More Company Research Source: CNBC
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The U.S. government has been trying to figure out how high-powered chips have reached China without authorization, as U.S. companies such as Anthropic and OpenAI face challenges from DeepSeek and other Chinese rivals. Nvidia's graphics processing units have been in demand across the world for training generative AI models. U.S. President Donald Trump initially sought to prevent China from obtaining the processors. But in December he said he told China's President Xi Pinging that the U.S. would permit Nvidia to ship H200 GPUs to China, “under conditions that allow for continued strong National Security.” Earlier this week Nvidia CEO Jensen Huang said the chipmaker is restarting manufacturing to fulfill H200 purchase orders from China. Last summer, Nvidia had received licenses to export the H20 chip to China, with Huang agreeing to provide the U.S. with 15% of its sales in China. This is breaking news. Please refresh for updates. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS