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SAN FRANCISCO (Reuters) -A bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls.
Nvidia's founder and CEO, Jensen Huang, is persistently selling his shares in the chip firm despite its record-breaking stock value.
CEO Jensen Huang stated that AI-driven productivity gains could lead to widespread job losses if industries fail to innovate.
The CEO’s trading plan has sold 975,000 Nvidia shares for $152 million since June, as the stock price sets records.
Technology Technology The Big Story Nvidia CEO’s China trip elicits Senate warning Sens. Elizabeth Warren (D-Mass.) and Jim Banks (R-Ind.) pressed
Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
Tesla CEO Elon Musk and Nvidia CEO Jensen Huang are making bold predictions about the robotics industry of the future.
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