Leading the swing were Apple and Nvidia, both Silicon Valley giants with significant dealings in China, as shares of Apple went from as much as a 4% morning gain to a 2% daily loss by late afternoon, and Nvidia stock turned what was as much as a 3% gain to a 3% daily drop.
Startup DeekSeek is highlighting advances in China's AI industry. The Trump administration is weighing new restrictions on sending AI chips to China.
President Donald Trump was slated to meet Friday with Nvidia Corp. Chief Executive Jensen Huang at the White House, with their get-together coming as the chip giant has faced questions due to the big splash made by Chinese artificial-intelligence startup DeepSeek.
U.S. stocks fall on Friday after the White House says Canada, Mexico and China tariffs will start Saturday. Still, major indexes finish January ahead.
Nvidia Chief Executive Jensen Huang is expected to meet with President Trump at the White House Friday as China hawks urge further restrictions on the company’s AI chips and Chinese AI startup DeepSeek shakes investor confidence.
The Trump administration is reportedly probing whether DeepSeek bought Nvidia’s advanced computer chips through Singapore – despite US export controls blocking the sale of the powerful technology
President Donald Trump is scheduled to meet with Nvidia CEO Jensen Huang at the White House on Friday, when they will discuss AI and chips as well as the industry's energy needs.
They talked about “the importance of strengthening US technology and AI leadership”. Read more at straitstimes.com.
U.S. President Donald Trump will meet with Nvidia chief executive Jensen Huang at the White House on Friday, a White House official said, following reports the Trump administration is studying new ways to restrict AI chip sales to China.
Oracle and SoftBank that Trump touted at the White House. Nvidia’s stock dropped 17% Monday, but the company in a statement commended DeepSeek’s work as “an excellent AI advancement” that ...
President Donald Trump is meeting with Nvidia Corp. Chief Executive Officer Jensen Huang at the White House on Friday as the US prepares to tee up tariffs on semiconductors, weighs the fate of a subsidy program and probes whether Chinese AI startup DeepSeek skirted export controls to obtain the chipmakers’ products.