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Celebrated Wedbush tech analyst Dan Ives refers to Nvidia (NVDA) CEO Jensen Huang as “90% CEO" and “10% politician.” It seems that there is some truth to it after all.
After negotiating a deal with the White House to reverse the previous ban on the sale of the company’s H20 chips to China, Nvidia has revealed that it will invest a mammoth 11 billion British pounds in the United Kingdom to develop the country’s AI infrastructure and deepen its presence in the country. This coincides with President Donald Trump’s state visit, marking his first trip across the pond after a historic trade deal with the U.K.