Overview
- Jensen Huang told the Financial Times that China is only “nanoseconds” behind in AI and pressed the U.S. to attract more developers.
- The White House reiterated it is not interested in allowing Nvidia’s Blackwell chips to be sold in China, citing national‑security risks.
- U.S. officials point to the danger of conferring a military advantage on China as the reason for restricting advanced AI accelerators.
- Nvidia said it secured an export license in September to ship chips to the United Arab Emirates, described as the first such permit under President Donald Trump’s administration.
- U.S. stocks opened lower as investors focused on AI names and the Supreme Court’s review of Trump’s tariff policy, with Nvidia ticking higher and Qualcomm falling despite strong results.