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Owned by Daily Thanthi GroupChip matters: Is Jensen Huang too powerful to be punished by Nvidia?
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Nvidia is under pressure from Washington and its own board after reports that a network linked to a former executive of a Singapore firm moved hundreds of thousands of its restricted AI chips into China, with some reaching a Chinese university on the U.S. blacklist through local suppliers and rented servers. The company disputes any wrongdoing and says the allegations are unproven. The controversy coincided with a sharp market reaction, as Nvidia’s shares fell sharply, losing about $470 billion in two days, before gaining roughly 5 % in a pre‑market session, trading around $177.7 per share on the day cited.
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KALLEY HUANG AND TRIPP MICKLE SAN FRANCISCO: Over the past four years, Jensen Huang has become the maestro of the artificial intelligence boom and its most essential billionaire executive. Nvidia, the company he co-founded in 1993, controls an estimated 90% of the market for the computer chips used…