Trump says he's letting Nvidia sell advanced chips to China
President Trump says the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Watch CBS News
President Trump says the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Justice Department officials allege that the four conspired to illegally export advanced Nvidia graphics processing units to China through Malaysia and Thailand.
The chipmaker's record growth will allay investor concerns about an artificial intelligence bubble, analysts say.
The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.
The two companies will team up to work on custom data centers as well as PC products.
Critics caution U.S. government equity stakes in American companies could lead to cronyism, distorted economics and bad deals for taxpayers.
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.
Nvidia CEO Jensen Huang said the Trump administration is letting it sell its advanced H20 computer chips to China — a reversal in policy.
A new supercomputer meant to power artificial intelligence will soon be built for the Lawrence Berkeley National Laboratory in partnership with the Department of Energy, Dell Technologies and Nvidia.
The Lawrence Berkeley National Laboratory is teaming up with Bay Area chip maker Nvidia and the U.S. Department of Energy to build Doudna - a new, ultra-fast and energy-efficient super-computer. Ryan Yamamoto reports.
Nvidia announced Monday morning that it wants to build two factories in Texas — one in Houston and one in Dallas.
Getting out of the shadow of some of the other large cities in the Bay Area is something San Jose has been quietly trying to do for a long time. But now with major events coming to the city, San Jose is trying to capitalize and is no longer staying quiet. Len Ramirez reports.
The sudden emergence of DeepSeek in the global artificial intelligence competition has sparked questions about its impact on Silicon Valley giants like Nvidia and fledgling startups across the Bay Area as well.
Kenny Choi reports on how DeepSeek and other Chinese AI apps are changing the game for Bay Area artificial intelligence tech.
Lawmakers and experts say China's DeepSeek AI app could expose U.S. users to risks and promote censorship.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
Reed Cowan interviews San Jose State professor and cyber-security expert Ahmed Banfa about the rise of Chinese AI app Deepseek.
Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia's place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.
California is partnering with tech giant Nvidia to help train the state's students, college faculty, developers and data scientists in artificial intelligence.
Riding the AI revolution, Nvidia has surpassed Microsoft and Apple to become the next Big Tech powerhouse.
Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chip-making dominance that has made the company an icon of the artificial intelligence boom.
Nvidia changed the world of video game graphics. Now CEO Jensen Huang is focused on developing technology for the age of AI.
Wall Street started 2024 with a slump, giving back some of its powerful gains from the year before as several tech stocks experienced sharp drops.
Computer chip maker Nvidia has rocketed into the constellation of Big Tech's brightest stars while riding the artificial intelligence craze that's fueling red-hot demand for its technology.
Shares of Nvidia, already one of the world's most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector.
President Trump said TV broadcast licenses should be revoked if newscasts and late-night shows are almost entirely negative about him and the GOP.
PG&E reported several large power outages across the Bay Area on Wednesday as a wet and windy storm moved through Northern California.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
President Trump has overhauled parts of the White House at a sprinter's pace with virtually no oversight, and it appears there is little standing in his way.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
President Trump said TV broadcast licenses should be revoked if newscasts and late-night shows are almost entirely negative about him and the GOP.
PG&E reported several large power outages across the Bay Area on Wednesday as a wet and windy storm moved through Northern California.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
President Trump has overhauled parts of the White House at a sprinter's pace with virtually no oversight, and it appears there is little standing in his way.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
At San Francisco International Airport, more than 400 flights have been delayed.
Thousands in San Francisco's Civic Center are still without power, and one resident said PG&E's lack of an accurate timeline has been frustrating.
At 25th and Clement Produce Market, owner Spiros Johnson said the prolonged outage wiped out thousands of dollars in perishable inventory.
Pacific Gas and Electric said about 5,000 customers were still without power Monday after a massive outage over the weekend affected about 130,000 customers.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
PG&E reported several large power outages across the Bay Area on Wednesday as a wet and windy storm moved through Northern California.
A shooting in Oakland over the weekend left four people injured, police said Monday.
A person who was fleeing from police in Antioch was hit and killed by a vehicle on Highway 4 in Antioch on Monday, authorities said.
BART service in the East Bay is recovering after a situation at Fruitvale Station on Monday morning.
At least three more earthquakes struck in San Ramon Saturday night, according to data from the U.S. Geological Survey.
A San Jose school district will pay $5.75 million to settle a lawsuit alleging that a teacher impregnated a student decades ago, forced her to have an abortion, and continued to abuse her.
Wyatt Johnston scored twice and the Dallas Stars beat the San Jose Sharks 5–3.
A chance encounter at the University of California, Santa Cruz, has led to the restoration of a long-time, massive display of a blue whale skeleton display at the university.
The family-owned restaurant has been drawing returning diners since opening in 1992, becoming a fixture in the South Bay dining scene.
A Bay Area engineer who was convicted of blowing up Pacific Gas & Electric Co. transformers in the San Jose area been sentenced to a decade in federal prison, prosecutors said.
PG&E reported several large power outages across the Bay Area on Wednesday as a wet and windy storm moved through Northern California.
Heavier rainfall and stronger winds prompted small businesses in low-lying flood-prone areas like Goodman Building Supply in Mill Valley to place sandbags in front of their entrance.
Soskin became a park ranger when she was 84 and worked at the Rosie the Riveter National Historical Park in Richmond. She was 100 when she retired.
The National Park Service said two people were captured on video throwing rocks at an elephant seal that was resting on a Point Reyes National Seashore beach on Dec. 6.
Despite rain in the forecast, much of Saturday in Santa Rosa remained dry, giving residents a brief window to run errands, enjoy the outdoors and prepare for the storms expected in the days ahead.
Brock Purdy threw a career-high five touchdown passes and Dee Winters returned an interception 74 yards for a score to lead the San Francisco 49ers to a 48-27 victory at Indianapolis.
Stephen Curry had 28 points, nine rebounds and six assists, Jimmy Butler scored 25 points, and the Golden State Warriors snapped a three-game losing streak by beating the Phoenix Suns 119-116.
As the San Francisco Giants prepare for the upcoming season, the team has made an acquisition beyond baseball, purchasing the historic Curran Theatre near Union Square.
Wyatt Johnston scored twice and the Dallas Stars beat the San Jose Sharks 5–3.
Jordan Goodwin made the go-ahead free throw with 0.4 seconds left, Devin Booker scored 23 of his 25 points in the second half and the Phoenix Suns escaped with a 99-98 victory over the Golden State Warriors on Thursday night.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
The Lake County Sheriff's Office said three people from Sacramento and one from the Bay Area were arrested as suspects in burglaries that happened in Upper Lake, Nice and Ukiah.
A California Highway Patrol task force this month arrested 13 people and recovered over $800,000 in stolen merchandise in connection with an organized retail theft ring that operated across Northern California.
A San Jose school district will pay $5.75 million to settle a lawsuit alleging that a teacher impregnated a student decades ago, forced her to have an abortion, and continued to abuse her.
A shooting in Oakland over the weekend left four people injured, police said Monday.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
The lack of fuel availability for hydrogen fuel-cell vehicles has prompted 700 Mirai owners to sue Toyota, an attorney said.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A California digital health company and a Florida medical practice have been indicted in an alleged $100 million scheme to illegally distribute Adderall over the internet to patients across the country who didn't need it, federal prosecutors said Wednesday.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Officials in Monterey County have issued a warning to people foraging for wild mushrooms amid a rise in poisonings.
President Trump said TV broadcast licenses should be revoked if newscasts and late-night shows are almost entirely negative about him and the GOP.
President Trump has overhauled parts of the White House at a sprinter's pace with virtually no oversight, and it appears there is little standing in his way.
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
ICE has filed more than 8,000 requests to toss out asylum claims in immigration court, asking judges to send immigrants to third-party countries.
The Justice Department early Tuesday released more than 11,000 additional documents and photos from the Jeffrey Epstein files.
A 16-year FBI employee has filed a lawsuit alleging he was fired last month because he had a Pride flag displayed near his desk.
A group of transgender members of the U.S. Air Force and Space Force forced to leave active duty under the Trump administration's policies say their benefits were revoked in a rare move.
California state Sen. Scott Wiener of San Francisco announced Wednesday that he is running for Nancy Pelosi's congressional seat next year.
Advocacy group The Trevor Projected released data from the first year of a study following more than 1,600 LGBTQ+ youth across the country.
A former Yosemite employee says they've been fired by the National Park Service, three months after flying a transgender pride flag from El Capitan.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Chris Rea found fame in the 1980s in Britain with hits such as "Fool (If You Think It's Over)" and "Let's Dance."
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
As the San Francisco Giants prepare for the upcoming season, the team has made an acquisition beyond baseball, purchasing the historic Curran Theatre near Union Square.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Meteorologist Zoe Mintz says the next storm system is arriving into the overnight hours on Christmas morning.
Amanda Hari repots on holiday travel at the San Francisco airport. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Scott Rates reports on the economic effects of the Santa Cruz Wharf’s partial collapse during a storm. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Incoming storms and the threat of strong, damaging winds and the potential for power outages are keeping PG&E busy this week. Kenny Choi has a look inside the utility's emergency operations center.
What started as a modest effort to light up his neighborhood during the holidays has now turned into a dazzling display filled with lights, bubbles, and a front yard of characters. Kara St. Cyr reports.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.