Nvidia CEO reveals why giving China 'dumbed-down' chips could spark $3B quarterly bonanza
Key Points
- Nvidia CEO Jensen Huang is banking on China's insatiable AI ...
Jensen Huang just pulled off the corporate equivalent of selling someone a sports car with the engine of a golf cart – and somehow made it sound like a win-win situation. The Nvidia CEO is betting that China's AI hunger is so intense, they'll gladly take his company's deliberately weakened chips while he quietly pockets billions.
Here's the math that's making investors do double-takes: Nvidia just posted a jaw-dropping 56% revenue growth, hitting $54 billion in Q2, all while selling exactly zero H20 chips to China during that period. That's like a restaurant bragging about record profits whil...
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