Daily Tech Headlines Nvidia Told Suppliers To Stop Making The H20 Chip For China - DTH
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Aug 22, 2025 Nvidia is halting production of its H20 chips for China, raising concerns over supply chain security. Meanwhile, Apple has raised prices for its TV+ service by 30%. In a strategic move, Meta has inked a six-year, $10 billion cloud services deal with Google. Innovations are also buzzing, with Instagram debuting a new storytelling feature and Waymo testing autonomous vehicles in New York City. Additionally, regulatory updates around Visa's open banking are spotlighted, illustrating the evolving landscape of tech and regulation.
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NVIDIA Halts H20 Production For China
- NVIDIA ordered suppliers to stop making H20 chips after China signaled buyers should avoid them for security reasons.
- NVIDIA frames this as supply-chain management responding to market conditions rather than a direct political compliance.
Apple TV+ Raises Price Amid Losses
- Apple TV Plus raised its monthly price to $12.99, a 30% increase for new and renewing subscribers.
- Apple still reportedly loses over $1 billion a year on the service despite critical acclaim and multiple price hikes.
Meta Picks Google Cloud For AI Infrastructure
- Meta signed a six-year, $10 billion deal to use Google Cloud mainly for AI infrastructure powering models like Llama.
- The agreement underscores Google Cloud's rising competitiveness against AWS and Azure in AI services.