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Nvidia's Big Launch at Computex
Description
Nvidia CEO Jensen Huang was greeted like a celebrity during his visit to Taiwan for the Computex trade show. Amid many public appearances, Huang has participated in roundtable discussions, addressing topics such as AI regulation, its potential applications in various industries, and its growth in China. Nvidia's shares have risen more than 3% in premarket trading, nearing a $1 trillion market capitalization, a feat not yet accomplished by any chipmaker. Huang's wealth also grew by over $6 billion, reaching a record $34 billion. Despite geopolitical tensions, Huang envisions Beijing supporting AI development. Nvidia is also considering new production partners for chip manufacturing, including Intel, as part of its strategy to build a resilient and redundant supply chain.
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