Tech Report: U.S. tech giants shift supply chains, boost AI

NVIDIA shares surged to a record high Tuesday

(LILAMAX)- NVIDIA shares surged to a record high Tuesday after the chipmaker announced it is seeking a license to resume sales of its powerful H-20 GPU chips in China.

The product, previously restricted under U.S. export controls, is used for high-performance graphics processing. In a blog post, NVIDIA said it hopes to “start deliveries soon” after the export ban cost the company billions in lost revenue.

Meanwhile, Apple is taking significant steps to reduce its dependence on Chinese suppliers. The tech giant just signed a $500 million deal with MP Materials, a Texas-based producer of rare earth elements used in iPhones and other Apple hardware. The Fort Worth facility will be upgraded with new manufacturing lines dedicated to Apple products.

According to The New York Post, China currently controls up to 70% of the world’s critical mineral supply—essential not only to consumer electronics but also to military systems like F-35 fighter jets and drones.

In another major development, Google has announced a $25 billion investment in U.S. data centers as part of a 20-year deal with Brookfield Asset Management. The first phase of the agreement includes over $3 billion in energy contracts and 670 megawatts of capacity in Pennsylvania. As part of its push for sustainable AI infrastructure, Google will also purchase 3,000 megawatts of carbon-free hydroelectric power nationwide.

When it comes to artificial intelligence in the workplace, many employees are quietly going rogue. A new survey by ActiveCampaign and Talker Research found that 1 in 5 workers are secretly using AI on the job—even when company policy prohibits it. Seventy-five percent of respondents believe AI gives them a competitive edge against larger businesses. Most are using it for marketing, customer support, and operational tasks like people management.