Nvidia stock was gaining after key partner Taiwan Semiconductor Manufacturing gave an upbeat outlook on artificial-intelligence processor demand.

The U.S. is reportedly holding up the deal due to concerns that AI chips could be smuggled to China from the UAE.

At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.

Semiconductor giant Nvidia continues to be a Wall Street favorite -- and for all the right reasons. The company's transition from a prominent GPU company to a full-stack artificial intelligence (AI) infrastructure provider has been genuinely exceptional.

Nvidia CEO Jensen Huang said the Trump administration is letting it sell its advanced H20 computer chips to China — a reversal in policy.

Nvidia unveiled a new AI weather forecasting model it calls capable of making very fast forecasts and better estimating risks of extreme events. Why it matters: Tech companies are moving deeper into AI-based models at a time when climate change is worsening some risks and harms.

Nvidia Corp. boss Jensen Huang lauded DeepSeek and China’s other contributions to AI research as he met with political and tech leaders in Beijing.

Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continues to fuel results at the world’s largest contract chipmaker.

Nvidia CEO Jensen Huang contradicts Anthropic CEO's 'white-collar apocalypse' prediction, suggesting AI will augment jobs while encouraging workers to adapt.

So, Nvidia and Nebius enjoy a close partnership. That's expected to be beneficial for the latter, since the AI chip giant is busy rolling out AI infrastructure around the globe. Importantly, Nebius' results make it clear that it is quickly making its presence felt in the fast-growing cloud AI infrastructure-as-a-service market.