Stock Movers: Nvidia/AMD China Deal, GM's Driverless Cars, Cannabis Rally

Nvidia and AMD's China AI Chip Deal

• 칩 companies Nvidia and AMD have agreed to pay 15% of their Chinese AI chip revenues to the US government.
• 🇺🇸 This unusual deal could set a precedent for American companies operating in China.
• 🤝 President Trump indicated openness to a scaled-back version of Nvidia's Blackwell chip for China, suggesting a reduction in its capabilities.

General Motors' Autonomous Vehicle Push

• 🚗 General Motors is rehiring former employees from its defunct Cruise autonomous-vehicle division.
• 💡 The renewed focus is on developing driverless cars for personal use, shifting from a robotaxi service model.
• 🛣️ The initial goal is hands-free, eyes-free driving with a human in the vehicle, aiming for a car that drives itself.

Cannabis Sector Rally

• 🌿 Shares of cannabis-linked companies surged following President Trump's consideration of reclassifying marijuana as a less dangerous drug.
• 📈 Village Farms International saw a significant jump, with other companies like Tilray Brands and Canopy Growth also experiencing double-digit gains.
• ⚖️ Currently, cannabis is classified as a Schedule I drug in the US, alongside substances like heroin and LSD.