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.
Nvidia's stock has increased by about 14% in 2026, a modest gain compared to other AI-related stocks. Earlier this year, investors eagerly pursued high-growth AI plays, but now Wall Street is adopting a more cautious stance. Concerns about debt level...
Hewlett Packard Enterprise (HPE) stock climbed 4% driven by new AI partnerships with NVIDIA and Schneider Electric, focusing on secure and industrial edge AI solutions. Additionally, HPE announced its Spaceborne Computer-4 will be sent to the Moon's ...
Nvidia's recent stock pullback is seen as a buying opportunity due to its dominant position in AI computing and the strong lock-in effect of its CUDA software ecosystem. The company reported massive revenue growth, especially in its data center segme...
The semiconductor industry is navigating significant uncertainty due to rapid AI-driven growth, recent declines in the tech sector, and upcoming earnings reports from key players like Nvidia and AMD. Valuation concerns and the need for profitability ...
NVIDIA shares, currently at $214, have strong bullish forecasts with Wall Street expecting a 54% rise to about $329 by 2027, and some analysts predicting even higher at $350. This optimism is fueled by rapid product ramp-ups, massive hyperscaler spen...
