(Liberation and Swalc) This combination of images created on January 31, 2025 (L) CEO of Nvidia Jensen Huang in Las Vegas, Nevada on January 6, 2025, and US President Donald Trump at the White House Oval Office in Washington, DC on January 31, 2025. A harsh week in Wall Street about competition with China and threatening definitions on the same Connects.
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It was a great week for technology shares thanks to global tensions and president Donald TrumpJAUNT in the Middle East.
Timing and Nafidia She jumped by 17 % and 16 %, respectively, this week with the decline in tensions between the United States and China and the round of Middle East deals in Trump in the spotlight.
China and the United States have announced a temporary hall for a period of 90 days on the definitions, in a move that indicated a major escalation of the overwhelming global trade war that has rocked the markets since April.
During a visit to the White House to the Middle East this week, NVIDIA CEO, Jensen Huang, has shared plans to sell more than 18,000. artificial intelligence Blackwell chips for Kingdom of Saudi ArabiaHallin based on energy data centers.
AMD He also said that she would supply chips for Roman. The arrow appeared approximately 14 % for the week. Baldir and Taiwan manufacturing semiconductors Among other technical stocks were more than 10 %.
The CEO of Tesla El Musk was also in the Kingdom of Saudi Arabia and said the Kingdom Agree using Spacex Starlink Internet satellite service for aviation and marine use. Musk also said he was planning to bring robots to the country.
in United Arab EmiratesThe White House announced a partnership to build a deprived of artificial intelligence with many American companies. A source told CNBC that NVIDIA is among the companies Project support.
The last White House plans to order again Export chip Restrictions on China From the administration of President Joe Biden to obtain a “much simpler base” that benefited from the sector.
Like many of their peers, NVIDIA needs a license to charge AI chips to China after the United States began to take strict action against exports in 2022 due to national security concerns.
Last month, Nvidia said it would work Register a fee of $ 5.5 billion From GPU H20 shipments to China, a main market for chip maker in the United States. Huang CNBC said The artificial intelligence market in China may reach 50 billion dollars over the next three years, and it will be a “huge loss”.
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