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Tag: China

19Dec

Trump administration reviews greenlight for Nvidia AI chip exports to China

U.S. President Donald Trump's administration has launched a review that could result in the first shipments to China of Nvidia's second-most powerful AI chips, five sources said, making good on…
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19Dec

Nike’s China bet falters as sales fall for a sixth straight quarter

Nike is running out of time to prove its China playbook works. The U.S. sportswear giant’s sixth straight quarterly sales decline in the country - including a 20% drop in…
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18Dec

China launches $113 billion free-trade experiment on Hainan island

China on Thursday split off a Belgium-sized island with an economy comparable to a mid-ranked country from the mainland for customs processing, part of a bid to join a major…
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15Dec

Nvidia weighs boosting H200 AI chip output after surge in China orders

Nvidia has told Chinese clients it is evaluating adding production capacity for its powerful H200 AI chips after orders exceeded its current output level, according to two sources briefed on…
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13Dec

Geely Auto launches $284 million vehicle safety testing facility in China

China's Geely Auto on Friday launched a $284 million facility providing safety tests for the automotive industry in general in anticipation of growing demand at home and abroad from regulators…
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13Dec

US Lawmaker Seeks Clarity on Trump Move Allowing Nvidia H200 Chip Sales to China

U.S. lawmaker John Moolenaar, the chair of the U.S. House of Representatives' bipartisan select committee focused on China, on Friday asked Commerce Secretary Howard Lutnick to explain the details of…
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12Dec

Warren Demands Huang and Lutnick Testify on Trump’s Nvidia China Chip Move

Democratic Senator Elizabeth Warren called on Thursday for Nvidia CEO Jensen Huang and Commerce Department Secretary Howard Lutnick to testify after President Donald Trump announced plans to greenlight sales of…
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10Dec

US allows Nvidia H200 AI chip exports to China with 25% fee: Trump says

The United States will allow Nvidia's H200 processors, its second-best artificial intelligence chips, to be exported to China and collect a 25% fee on such sales, U.S. President Donald Trump…
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09Dec

AMD’s Lisa Su Says MI308 Can Ship to China, Even With 15% US Tax

Advanced Micro Devices CEO Lisa Su on Thursday said the company has licenses to ship some of its MI 308 chips to China and is prepared to pay a 15%…
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03Dec

Tesla’s China-made electric vehicle sales rose 9.9% in November

Tesla's China-made electric vehicle sales rose 9.9% in November from a year earlier, as the U.S. automaker grapples with intense competition in China and Europe. Sales of Model 3 and…
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