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Why Nvidia is no Longer Operating in China

Chief Executive Jensen Huang revealed that the company’s market share in China’s AI accelerator sector fell from roughly 95 percent to zero in less than two years. Chinese authorities have also actively discouraged domestic tech companies from purchasing Nvidia products, urging them to source chips from local alternatives. Regulators even blocked corporate buyers from obtaining Nvidia’s modified H20 chips.

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Biden’s Plan to Restore and Restructure Iran Deal

President Joe Biden and three of his European partners said in a joint statement on Saturday that they’re certain that the Iran atomic arrangement can be reestablished in spite of its slow down over the mid-year.

In a joint statement that came following a conversation between Biden, United Kingdom Prime Minister Boris Johnson, French President Emmanuel Macron, and German Chancellor Angela Merkel at the G20 in Rome, the leaders said they are “convinced that it is possible to quickly reach and implement an understanding on return to full compliance” of the Iran nuclear deal.

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