Shares of Moore Threads Technology, founded by former Nvidia executive Zhang Jianzhong, gained 425% after its initial public offering in Shanghai on Friday, according to FactSet. The AI chip maker’s IPO raised $1.

Jensen Huang says China may no longer want its top H200 AI chips even if US export rules ease, leaving both Washington and Beijing in a bind.

A bipartisan group of U.S. senators, including prominent Republican China hawk Tom Cotton, on Thursday unveiled a bill that would block the Trump administration from loosening rules that restrict Beijing's access to artificial intelligence chips from Nvidia and AMD AMD.

Cambricon Technologies Corp. plans to more than triple its production of AI chips in 2026, aiming to wrest market share from Huawei Technologies Co. in China and fill a void left by Nvidia Corp.’s forced exit.

The Trump administration is weighing whether to let Nvidia sell H200 AI chips to China, pitting national security worries against a massive chip market.

Nvidia CEO Jensen Huang lobbied Trump and Republican senators to allow sales of advanced AI chips to China, arguing export restrictions won’t slow Beijing’s advancement.

Three years after the U.S.’s sweeping export restrictions that cut off Chinese access to AI chips, China has managed to turn the situation around. For the next five years, it will have more AI chips than its companies need.

Nvidia on Wednesday published new data showing that its latest artificial intelligence server can improve the performance of new models - including two popular ones from China - by 10 times.

Moore Threads, a five-year-old graphics processing unit (GPU) developer created by Nvidia's former China chief, aspires to become one of the leading global players in artificial intelligence chip development,