Trump to Decide on Nvidia H200 Chips to China, Lutnick Says

President Donald Trump is considering whether to permit Nvidia Corp. to sell advanced artificial intelligence chips to China, with US Commerce Secretary Howard Lutnick indicating that Trump will make the final decision on this matter. This potential sale involves Nvidia's H200 chips, which are significant in the AI sector.

US Commerce Secretary Howard Lutnick emphasized the need for the European Union to ease technology regulations while discussing potential steel and aluminum trade agreements. He also addressed the implications of selling Nvidia's H200 chips to China and the upcoming Supreme Court ruling on tariffs from the Trump Administration during an interview on Bloomberg Surveillance.

Amazon.com Inc. has revealed that its data center operations exceed 900 facilities across more than 50 countries, a significant expansion that highlights the company's growing infrastructure in response to increasing demand for cloud services and artificial intelligence applications.

WeRide Inc. has reported a reduced net loss for the third quarter, attributed to an increase in robotaxi orders, as the company competes in the expanding global market for autonomous taxis. This development indicates a positive trend for WeRide amidst a competitive landscape in the driverless vehicle sector.

Nvidia CEO Jensen Huang has dismissed concerns about an AI bubble, emphasizing the company's robust revenue growth and the increasing demand for AI infrastructure. In a recent earnings call, Nvidia reported a 65% profit increase to $31.9 billion, with quarterly revenue reaching $57 billion, driven by its focus on AI chips.

Anthropic has made a significant move by acquiring $30 billion worth of Azure cloud capabilities, which will enhance its multi-cloud deployment for Claude models. This acquisition is coupled with a $15 billion investment from Microsoft and Nvidia, marking a pivotal moment for the AI safety and research company.

China has achieved a significant energy milestone by successfully breeding uranium from thorium, marking a notable advancement in nuclear technology. This process could potentially enhance the country's energy production capabilities and contribute to its long-term energy strategy.

Beijing-based AI startup is negotiating with global investors, including IDG Capital, for a funding round that could raise several hundred million dollars, potentially valuing the company at around $4 billion. This move highlights the growing interest in AI technologies in China.