Tag: Gina Raimondo

Nvidia’s CEO Still Plans to Sell High-End Chips in China
World

Nvidia’s CEO Still Plans to Sell High-End Chips in China

SINGAPORE—Nvidia’s CEO said he still hopes to supply high-end processors to China, days after U.S. Commerce Secretary Gina Raimondo warned U.S. companies against sales of AI-enabling chips to the country in the name of national security. “Our plan now is to continue to work with the U.S. government to come up with a new set of products to comply with the new regulations,” Jensen Huang told reporters in Singapore Wednesday. “The new regulations have additional limits. We have to come up with new products to comply with those regulations.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
US says it has no evidence that Huawei can make advanced smartphones ‘at scale’
Technology

US says it has no evidence that Huawei can make advanced smartphones ‘at scale’

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN  —  Commerce Secretary Gina Raimondo says the US government has no evidence that Huawei can produce smartphones with advanced chips “at scale,” as it continues to investigate how the sanctioned Chinese manufacturer made an apparent breakthrough with its latest flagship device. On Tuesday, Raimondo told US lawmakers that she was “upset” by news of the launch of Huawei’s Mate 60 Pro during her visit to China last month. “The only good news, if there is any, is we don’t have any evidence that they can manufacture 7-nanometer [chip...
US trade chief: Talking to China is no ‘sign of weakness’
Business

US trade chief: Talking to China is no ‘sign of weakness’

WASHINGTON: Holding talks with Beijing officials is not a sign of weakness by Washington, the US commerce secretary said Sunday, adding that not talking can lead to greater tensions and misunderstanding."It's in the US interest. It's in China's interest. Indeed, it's in the world's interest for the US and China to have a stable and significant commercial relationship," Secretary Gina Raimondo told CNN's "State of the Union," days after returning from Beijing."I do not accept the premise that talking and communicating is a sign of weakness" toward China, she added.Raimondo met with top officials during her Beijing visit, including her counterpart Wang Wentao and Prime Minister Li Qiang.The visit came as the Biden administration has been working to restore a more effective working relations...