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Meanwhile, AMD CEO Lisa Su confirmed that China AI GPU export licenses have not yet been granted. Despite this, the Trump administration has decided to process these license applications. However, it remains unclear why NVIDIA has received these licenses while AMD has not. As a result, NVIDIA may be waiting for final approvals and could use potential backdoors as leverage in negotiations.
During his visit to the White House, Huang also coincided with Apple CEO Tim Cook’s expected announcement of a $600 billion investment package in the U.S., which includes an additional $100 billion on top of Apple’s earlier investments. This news led to a 6% rise in Apple’s stock price.
Apple has faced tension with the Trump administration due to its efforts to shift production from China to India, coinciding with increased pressure from the U.S. government to stop purchasing Russian oil. Nevertheless, Apple’s shares gained today as investors anticipated improved relations between the company and the government.
Given the current focus on NVIDIA’s China GPU exports and potential backdoors, it is likely that these topics will be discussed during Huang’s meeting with Trump. Since NVIDIA has already announced a $500 billion investment in AI data center infrastructure in the U.S., there are no further major announcements anticipated from the company later today.
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On Twitter, CNBC reported that Jensen Huang was spotted at the White House around the same time as Apple CEO Tim Cook’s expected announcement.
📚 Reading Comprehension Quiz
According to the passage, why might NVIDIA have received export licenses for AI GPUs while AMD has not?
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