Nvidia CEO Jensen Huang dismissed US officials' accusations that Chinese AI companies using model distillation are committing theft. Distillation involves training AI models on outputs from other models, a practice US Treasury Secretary Scott Bessent labeled as theft and threatened sanctions over. Huang argued this is simply competition, noting that companies often analyze competitors' products to improve their own. This dispute highlights ongoing tensions in the US-China race for AI dominance, with the US considering measures against overseas firms employing distillation techniques.
Nvidia's stock price rose 2.50% to USD 230.69 on Pluang as of Sep 28, 2026 21:11 WIB, reflecting ongoing investor interest in the company amid the AI competition debate. The stock trades near its 52-week high of USD 235.75, with a market cap of $5.43 trillion and a typical hold time of 115 days on the platform.
Spectrum is enhancing its Edge Compute Infrastructure (ECI) with NVIDIA-powered AI capabilities, enabling low-latency AI applications close to 500 million devices across the U.S. New partnerships with Cast AI, HP, Hydra Host, and World Wide Technolog...
NVIDIA's board authorized a historic $150 billion increase in its share repurchase program, signaling strong confidence in its AI-driven growth and financial health. Despite this record buyback authorization, NVIDIA shares rose modestly by 2%, while ...
Nvidia announced a record $150 billion share buyback program authorized by its board, increasing the total buyback capacity to $235 billion through fiscal 2028. This move reflects confidence in Nvidia's leading role in the AI boom and strong cash flo...
Nvidia (NVDA) has been upgraded to a buy rating due to its attractive valuation, trading at a PEG of 0.36x and half its 10-year average P/E. Despite some market share losses, Nvidia still holds over 75% of the AI accelerator market, supported by its ...
Nvidia announced an additional $150 billion authorization for its share repurchase program, increasing the total buyback capacity to $235 billion. This marks the largest increase in share repurchase authorization in history. The move comes as Nvidia ...
