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Nvidia CEO Jensen Huang to join Trump's China trip to support US-China talks

Market News
12 May 2026
CNBC
View Source
Neutral
pluang ai news

Nvidia CEO Jensen Huang will accompany U.S. President Donald Trump on his trip to China this week, confirming his attendance at the invitation of Trump. This visit aims to support the U.S. administration's goals ahead of Trump's meeting with Chinese President Xi Jinping. Nvidia's advanced AI chips have faced U.S. export restrictions to China, making this trip significant for ongoing tech and trade discussions between the two countries. The meeting could impact future cooperation and regulations in AI technology and trade relations.

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Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...

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Equal-weighted tech ETF XNTK outperforms cap-weighted QQQ with 51.65% vs 28.43% returns over 1 year.

Equal-weighted tech ETF XNTK outperforms cap-weighted QQQ with 51.65% vs 28.43% returns over 1 year.

The SPDR NYSE Technology ETF (XNTK) has significantly outperformed the Invesco QQQ Trust (QQQ) over the past year, returning 51.65% compared to QQQ's 28.43%. XNTK uses an equal-weight approach focusing solely on about 35 tech leaders, capturing broad...

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Neutral
11 hours ago
S&P 500 expected to end 2026 slightly lower amid weak consumer income and inflation pressures.

S&P 500 expected to end 2026 slightly lower amid weak consumer income and inflation pressures.

Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...

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Bearish
14 hours ago
Direxion Daily Technology Bull 3X ETF rated Buy on easing inflation and strong Nasdaq-100 AI growth outlook

Direxion Daily Technology Bull 3X ETF rated Buy on easing inflation and strong Nasdaq-100 AI growth outlook

The Direxion Daily Technology Bull 3X ETF (TECL) is rated Buy due to easing inflation and a positive outlook for the Nasdaq-100, driven by growing AI infrastructure investments and increasing influence of smaller AI-related companies beyond the major...

Market News
Bullish
18 hours ago
State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

The State Street SPDR Portfolio S&P 500 ETF (SPYM) has been selected as the default investment for the new Trump Accounts program, which provides eligible newborns with a $1,000 Treasury contribution invested in this fund. SPYM tracks the S&P 500 ind...

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18 hours ago
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