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Bloomberg Podcasts · Nvidia Higher; Nebius Beat; SoftBank OpenAI Gains | Stock Movers
- 1. Nvidia seeks China's approval to sell advanced H200 chips, essential for training AI models.
- 2. Chinese AI developers' potential access to Nvidia accelerators fueled a surge in related Hong Kong stocks.
- 3. China remains a holdup for Nvidia sales, protesting US export controls on advanced technology.
- 4. Cloud computing provider Nebius Group reported a 684% first-quarter sales jump driven by AI demand.
- 5. SoftBank's quarterly profit surged primarily due to its strategic investment in OpenAI.