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NVIDIA: Has notified Chinese customers of the plan to launch a modified version of the H20 chip in July.
According to a report from Singapore's Lianhe Zaobao on May 9, about a month after the US government implemented export restrictions on NVIDIA's H20 AI chip, it is reported that NVIDIA plans to launch a downgraded version of the H20 for the Chinese market in the next two months.
U.S. stocks closed | The Dow and S&P saw slight declines, Tesla rose nearly 5%; a frenzy for blue-chip stocks, Lyft surged over 28%.
Cryptos are rising again, with Bitcoin's Market Cap reaching the fifth place globally, and Ethereum's 24-hour increase at one point reaching 29%. Gold ends its two-day decline, while crude oil rises nearly 2.6% during the session.
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