[1인치 영어] Nvidia Can Sell~
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Nvidia Can Sell AI Chip to China Again After CEO Meets Trump (WSJ. 20250715)
Chip maker Nvidia says it's received assurances from the Trump administration that it can sell its advanced AI chips to China. The news came as Nvidia CEO Jensen Huang was in Beijing meeting senior officials, and just days after we reported, he directly appealed to President Trump to be able to do business in China and tap into the country's AI talent. The administration's move marks a turnaround after the Commerce Department restricted sales of the chip in April, costing Nvidia billions of dollars. China's economy showed resilience in the first half of the year, even as it came under pressure from US trade tariffs. GDP grew by 5.2% in the second quarter year over year, a slightly slower pace than the first three months, and in line with economists' forecasts. The figures show China is on track to hit the government's full year target of around 5% growth. Robust exports have been a surprising engine of growth despite President Trump's shifting tariff assault. Meanwhile, Swedish car maker Volvo is warning that those tariffs and launch delays would hit the profitability of two electric models in the US, leading to a 1.2 billion dollar one-off charge. Volvo, which is majority owned by China's Zhejiang Geely, has been grappling with tariff uncertainty, muted electric vehicle demand, and intensifying competition in China. It recently said it would cut around 3000 jobs as part of a wider plan to slash costs. Asian stocks ended the day mostly higher, European equities are up in midday trading, and US futures are gaining ahead of a slew of bank earnings due out this morning, and the Labor Department's Consumer Price Index report for June expected at 8:30 AM Eastern.
Nvidia가 미 정부로부터 중국에 AI 반도체 수출을 허가 받음. 최근 Nvidia CEO Jensen Huang은 Nvidia가 중국에서 사업을 영위하며 중국의 AI 인재를 활용할 수 있어야 한다고 트럼프에게 직접 주장함. 미 상무부는 지난 4월, AI 반도체의 대중 수출을 금지해 Nvidia가 수십억 달러의 손실을 봄. 한편, 중국 경제는 미 관세에도 불구하고 상반기에 회복력을 보여줌. 2분기 GDP는 전년 동기 대비 5.2% 상승함. 중국의 연성장률 5% 목표 달성이 가능해보임. 트럼프의 관세 공격에도 불구하고 중국 수출이 놀라울 정도로 성장을 견인하고 있음. 한편, 스웨덴 자동차 제조업체 Volvo가 관세 및 미국에서 신규 전기차 모델 2종 출시 지연으로 12억 달러의 일회성 타격을 받을 전망임. Volvo의 최대주주는 중국 자동차 제조업체 Zhejiang Geely임. Volvo는 불확실한 관세, 전기차 수요 감소, 중국 내 치열한 경쟁 등의 어려움을 겪고 있으며, 비용 절감을 위해 3천 명을 정리해고할 예정임. 한편, 아시아, 유럽, 미국 주식 선물 증시 모두 상승세임
