NVDA To Comply With China Regulations & MA $11B Stock Buyback
Nvidia (NVDA) is to come up with new products to comply to U.S. regulations. The Commerce Secretary warned American companies against selling A.I. chips to China. NVDA CEO Jensen Huang says, “The new regulations have additional limits. We have to come up with new products to comply with those regulations.” Jeff Pierce discusses this along with Mastercard (MA). MA authorizes an $11B stock buyback and raises its dividend by 16%. Tune in to find out more about the stock market today.
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