Over $1B in smuggled NVIDIA chips sold in China
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Europe has fallen behind China and the US in the development of AI capacity, producing less than 1% of the world’s semiconductors needed for AI. But the EU hopes to produce 20% of the world’s semiconductors by 2030.
NVIDIA's CEO, Jensen Huang, has said that AI will enable more people to become millionaires in five years than the internet has in 20 years.
Trump’s new AI plan pushes deregulation, attacks “woke” models, and speeds chip factory development as OpenAI, xAI, and Nvidia drive global infrastructure expansion.
Needham analyst N. Quinn Bolton raised Nvidia’s price target to $200 from $160, projecting $3 billion quarterly H20 chip sales to China following resumed export approvals. Bolton forecasts revenue reaching $315 billion by fiscal 2028, including $20 billion from Chinese data center GPU sales.
In automotive, MediaTek’s Dimensity Auto cockpit platform now integrates Nvidia RTX GPUs for advanced in-vehicle graphics and compute tasks. On the edge AI front, Nvidia’s TAO toolkit works alongside MediaTek’s NeuroPilot SDK, streamlining model training and deployment.
Months after Oregon signed an agreement with the computer chip company Nvidia to educate K-12 and college students about artificial intelligence, details about how AI concepts and “AI literacy” will be taught to children as young as 5 remain unclear.
A critical flaw in NVIDIA's AI container toolkit (CVE-2025-23266) allows full host takeover, posing serious risks to cloud-based AI services.
4don MSN
Nvidia completed its 10-for-1 stock split on June 7 of last year, with shares trading at the split-adjusted price as of June 10. This brought the shares down from about $1,200 to $120. Since that time, Nvidia stock has experienced ups and downs, but it's delivered a gain of more than 40%.
Last week, Nvidia CEO Jensen Huang said it would soon resume selling its H20 chips to China after a breakthrough with the Trump administration on regulations.