Nvidia CEO Jensen Huang 'Optimistic' About Resuming Blackwell Chip Sales To China: 'There Is No Replacing Them' - NVIDIA (NASDAQ:NVDA), Hyundai Motor Co GDR Repr 1/2 Non-Vtg Sh Reg-S (OTC:HYMTF)
Group 1 - Nvidia CEO Jensen Huang is optimistic about resuming sales of advanced chips in China, highlighting the need to address U.S. national security concerns [1][2] - Huang expressed hope for the sale of Nvidia's Blackwell AI chip in China, stating that the final decision rests with President Trump [2] - Huang emphasized the importance of the Chinese market, noting that China produces a significant amount of AI chips and has limited access to American chips [2][3] Group 2 - Nvidia announced a deal to supply over 260,000 AI chips to South Korea, including major corporations like Samsung and Hyundai [4] - Nvidia's stock has surged 46.63% year-to-date, closing at $202.81 [5]