Nvidia Expands AI Business as Huawei and DOJ Raise Pressure

Nvidia CEO Jensen Huang is pushing into cybersecurity as a new AI market and predicts strong growth, while the company's AI chip momentum boosts partner MediaTek's sales by 44%. Huawei is challenging Nvidia and Broadcom with a new optical tech standard and raised prices for its best AI chip by 60% this summer. The DOJ is investigating Nvidia's licensing deal with chip startup Groq, and other firms like Latham & Watkins and d-Matrix are adopting Nvidia technology.