Yazılar

Nvidia CEO Jensen Huang Says No Plans to Sell Blackwell AI Chips to China

/in /tarafından

Nvidia CEO Jensen Huang said on Friday that there are “no active discussions” about selling the company’s cutting-edge Blackwell AI chips to China, pushing back on speculation that a U.S.–China deal could soon allow limited exports.

The Blackwell processor, Nvidia’s most powerful chip for artificial intelligence applications, is currently banned from sale in China under U.S. export restrictions introduced by the Trump administration. Washington fears the hardware could accelerate Beijing’s military and AI capabilities.

“There are no plans to ship anything to China right now,” Huang told reporters during a visit to Tainan, Taiwan, where he attended a TSMC company event. “It’s up to China when they would like Nvidia products to go back to serve the Chinese market,” he added, implying that Beijing’s own policies are a barrier to reentry.

Rumors of a possible diplomatic breakthrough emerged last week when U.S. President Donald Trump and Chinese President Xi Jinping met in South Korea, but no agreement has materialized.

Nvidia is still allowed to sell its H20 chips, a downgraded model tailored for the Chinese market, but Huang said China’s stance has left Nvidia’s market share for advanced AI chips at zero.

Asked about Tesla CEO Elon Musk’s plan to build a semiconductor fabrication plant, Huang noted that “building advanced manufacturing like TSMC does is extremely hard,” but added that demand for such technology remains enormous.

Huang also clarified remarks reported by the Financial Times, denying that he had said China would win the AI race. “What I said was that China has very good AI technology,” he explained. “They have many AI researchers. The United States just has to move very, very fast because the world is competitive.”

The comments underscore Nvidia’s delicate position between U.S. export controls and China’s growing AI ecosystem, even as global demand for its chips remains red-hot.

Elon Musk Wins Shareholder Approval for Record $1 Trillion Tesla Pay Plan

/in /tarafından

Elon Musk has secured shareholder approval for a record-breaking $1 trillion Tesla pay package, cementing his grip on the company as he pushes to transform the electric vehicle maker into a global leader in AI and robotics.

The plan received over 75% support during Tesla’s annual shareholder meeting in Austin, Texas, where Musk appeared on stage alongside dancing robots, calling the moment “a whole new book” in Tesla’s story.

The approved package could grant Musk up to $878 billion in stock over the next decade, contingent on ambitious performance milestones — including delivering 20 million vehicles, deploying 1 million robotaxis, and generating $400 billion in core profit. Tesla’s market value would need to climb from $1.5 trillion to $8.5 trillion for Musk to unlock the full payout.

The vote follows months of intense debate over Musk’s compensation and influence. The Tesla board warned that Musk could shift his focus to other ventures — such as SpaceX or his AI startup xAI — if shareholders rejected the plan.

“This isn’t just another chapter,” Musk said to cheering investors. “It’s the start of something entirely new.”

Critics, including Norway’s sovereign wealth fund and proxy advisory firms Glass Lewis and ISS, opposed the plan, citing governance concerns and the risk of excessive power consolidation. Yet supporters argued that tying compensation to Tesla’s market success aligns Musk’s incentives with shareholders’.

Shareholders also voted to invest in xAI, though analysts noted that many abstentions signaled caution over potential conflicts of interest.

The approval clears a major uncertainty clouding Tesla’s future and reinforces Musk’s position as both the visionary and lightning rod behind the company’s AI and robotics ambitions.

Tesla Board Warns Shareholders: Approve Musk’s Record Pay Deal—or Risk Losing Him

/in /tarafından

Tesla’s board of directors has issued its starkest message yet to investors: approve CEO Elon Musk’s nearly $878 billion stock-based compensation package—or risk his departure and a potential collapse in Tesla’s market value. Shareholders are set to vote on Thursday in what is shaping up to be one of the most consequential corporate pay decisions in history.

The proposal ties Musk’s potential payout to Tesla reaching an $8.5 trillion market capitalization over the next decade, a goal that would make him the first CEO in history to earn close to $1 trillion. Even if he falls short of some milestones, Musk would still collect tens of billions in stock awards.

Supporters argue that Musk’s leadership and vision justify the extraordinary package, crediting him with transforming Tesla into a $1.5 trillion company that dominates the electric vehicle sector and is pivoting toward artificial intelligence, robotaxis, and humanoid robots. “If the stock goes up sixfold, I’ll make a fortune too,” said investor Nancy Tengler. “Why should I care what Musk makes if he delivers?”

Critics, however, see the deal as a governance nightmare. The California Public Employees’ Retirement System (CalPERS) and Norway’s sovereign wealth fund have both announced they will vote against it, citing the concentration of power and shareholder dilution. Corporate governance expert Charles Elson said the board was being “held over a barrel by a superstar CEO.”

Board Chair Robyn Denholm has defended the deal, warning shareholders that without Musk, Tesla could “lose significant value.” Harvard professor Krishna Palepu argued that the proposal aligns Musk’s interests with shareholders, as he must achieve substantial growth before collecting the payout.

The outcome may hinge on Musk’s own 15% stake, which Texas law allows him to vote—unlike under Tesla’s prior Delaware incorporation. Critics say this, along with Texas’ new litigation rules that make it harder for investors to sue, stacks the deck in Musk’s favor.

“The board is facing a classic holdup,” said Cornell law professor Charles Whitehead. “They’ve bet the company on one man—and have no plan if he walks away.”