TOPIC

/ company

Nvidia

Nvidia is one of the most valuable companies in the semiconductor industry. Founded by Taiwan-born American businessman Jensen Huang, it holds a near monopoly on graphics processing units used to train AI systems.

Chairman / President

Jensen Huang

CEO / Managing Director

Jensen Huang

CFO / Finance Director

Colette Kress

Industry

Semiconductors

Website

nvidia.com

Headquarters address

2788 San Tomas Expressway, Santa Clara, CA 95051, United States

Stock Code

NASDAQ:NVDA

Year founded

1993

Industry insiders have welcomed the EU’s €30 billion AI gigafactory plan, but there is nothing to stop computing capacity from being sold to US tech giants. Photo: Reuters

European Union

Europe hails AI gigafactory plan, but industry fears deeper US tech reliance

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A woman poses next to humanoid robots by Spirit AI during the World Artificial Intelligence Conference in Shanghai on July 18. Photo: AFP

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4 Aug 2026 - 7:00AM

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Potential US ban on Chinese AI models could cost businesses US$12 billion a year

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A worker stands at the booth for Chinese start-up Moonshot AI’s Kimi K3 during the World AI Conference in Shanghai. Photo: AP

US-China trade war

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Tengku Zafrul Aziz, senior political adviser to Malaysian Prime Minister Anwar Ibrahim, speaks to SCMP at the Nusa Dua Forum in Bali, Indonesia, earlier this month. Photo: Nora Tam

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Nvidia

Europe hails AI gigafactory plan, but industry fears deeper US tech reliance

Brussels’ €30b tender for up to 7 AI hubs already benefits US chipmakers and could result in EU-funded computing capacity being sold to US tech giants.

Lab-made diamonds ride AI demand for chip cooling as China leads industrial boom

China’s Kimi K3 AI model escapes a closed cyber test: researchers

Unrelenting AI demand spawns new plant for PCB maker Victory Giant

Nvidia supplier to invest at least US$444 million in plant for ‘AI high-end electronic circuit smart manufacturing’ in southern city Huizhou.

US AI leaders are using Chinese open models for cybersecurity. Here’s why

Andrew Ng and others argue accessible systems outperform overly restricted platforms on cybersecurity and transparency.

Slapped with reality: why Huawei’s top chip scientist embraces war-hero mindset

In viral interview, Liao Heng talks navigating US curbs to make Ascend processors, placing innovation over nanometres for chip self-reliance.

Has a Chinese physical AI start-up manipulated a global ranking to beat Nvidia?

Spirit AI’s Spirit v1.6 briefly dethroned Nvidia on the RoboArena robotics benchmark, but the model was then removed following a methodology overhaul.

How SpaceX earnings, expiries could test Hong Kong, mainland China stocks

Elon Musk’s aerospace unit faces scrutiny as results and a share unlock loom, testing investor appetite for capital-intensive tech.

Not like South Korea? Chinese brokers forecast A-share tech and chip rebound

As global investors pull money from South Korea, top domestic brokerages expect strong domestic fundamentals to drive fresh buying in China.

Potential US ban on Chinese AI models could cost businesses US$12 billion a year

Washington is reportedly mulling a ban on foreign open-source AI models, but the move would likely raise costs for a slew of US companies.

US lawmakers investigate DoorDash’s use of Moonshot AI’s Kimi K2.6 model

Food delivery giant latest targeted as rising adoption of China-built AI models pushes Washington to find strategies to combat trend.

AI stock rout fells Innolight after mega Hong Kong IPO

Nvidia supplier Innolight declines on its Hong Kong trading debut as once AI-hungry investors turn increasingly nervous about sector’s huge spending plans.

‘Shy’ Chinese Elon Musk lookalike chef draws crowds, prefers work over fame

Several individuals have approached Ma with business opportunities, but he chooses to prioritise his restaurant over live-streaming.

Zhongji Innolight sees rocky start as shares fall on Hong Kong IPO amid AI sell-off

The Chinese firm completed Hong Kong’s biggest IPO of the year, but its debut comes amid waning investor confidence in AI-related stocks.

Why has the China-US profit gap widened on the Fortune Global 500?

Despite posting strong revenues, China’s multinationals logged average profits of US$4.5 billion in 2025, just 40 per cent of US counterparts’ figure.

Why is Zhongji unveiling US$1.2 billion in buy-backs before its Hong Kong debut?

The optical-module maker plans to buy back shares denominated in yuan to anchor pricing before its initial public offering in the city.

Lenovo Capital takes aim at robotics, coding agents in ‘sniper’ AI strategy

Chinese firm makes long-term bets on 100 artificial intelligence companies, from chip and hardware manufacturers to models and applications.

‘Take sides’? Malaysia insists on conditional neutrality in US-China tech ties

To keep US chips and Chinese capital flowing, Malaysia is working overtime to reassure both Washington and Beijing.

AI boom will sustain Hong Kong’s export surge, lift GDP outlook, economists say

Baptist University’s Billy Mak says rising export values also reflect higher prices for AI components and relative easing in China-US trade tensions.

Nvidia’s Jensen Huang meets US officials as issues grow over China chip access

Washington visit comes amid investigation into whether restricted processors were used to train Moonshot AI models.

From CXMT to Zhipu AI, Alibaba’s strategic investments are paying off

The company’s strategic shift to AI and chip investments is not only yielding significant returns, but also boosting its tech portfolio.

Moonshot’s Kimi K3 triggers debate over US bans on Chinese open source models

Chinese open-weight models are gaining wider adoption overseas, raising concerns in Washington over China’s accelerating AI progress.

Can Anthropic CEO’s chip ban proposal curb China’s AI advancements?

Dario Amodei wants the US to retain its AI advantage over China, highlighting distillation risks and advocating mandatory model safety tests.

Shaky sentiment: Big Short trader’s bearish AI bets test China’s stock support

Burry’s increasing bearish wagers put pressure on Beijing’s stock market intervention as Moody’s flags mounting debt risks.

Supernodes hold promise to break China’s AI bottlenecks – but will they deliver?

Tech firms are racing to build colossal clusters for next-gen AI, but cost, power and scale remain challenges.

How Beijing became China’s biggest tech venture capitalist, from AI to chips

China’s tech sector thrives on state-backed investment, reshaping funding dynamics and sparking a debate about balancing risk and innovation.

Nvidia, Palantir, Meta warn about ‘premature restrictions’ of open-weight models

Top US tech companies urge policymakers in open letter not to undermine competition and drive more users to Chinese AI systems.

.css-1pcrwvc{color:#2aa191;}Opinion | China’s AI vision gives the Global South a seat at the table

A new global AI body gives Beijing the platform to push for affordable access and technological autonomy, framing AI as a public good.

Opinion | China’s AI vision gives the Global South a seat at the table