China Warns Against Nvidia H20 Chips: Here's Why That Won't Stop the AI Leader

Nvidia (NASDAQ: NVDA) received a shock on Friday after the Chinese government told its tech companies to stop using the company's H20 chips. The Chinese government appeared to make this decision in response to statements made by Commerce Secretary Howard Lutnick regarding China's use of American technology.Indeed, Nvidia and most other American companies have wanted to capitalize on China's growth, given the country's population of 1.4 billion. However, investors seem to have remained bullish on the stock, and the news might not be as negative for the artificial intelligence (AI) stock as some might assume. Here's why.Image source: Nvidia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool