Chip
US: Wall Street opens higher on chip and megacaps boost
Wall Street opened higher on Monday (Jun 3), lifted by semiconductor and megacap growth stocks ahead of a data-packed week.The Dow Jones Industrial Average rose 23.67 points, or 0.06...
US is slowing AI chip exports to Middle East by Nvidia, AMD
US OFFICIALS have slowed the issuing of licenses to chipmakers such as Nvidia and Advanced Micro Devices (AMD) for large-scale artificial intelligence (AI) accelerator shipments to the Middle East,...
Big Tech develops AI networking standard but without chip leader Nvidia
MAJOR tech firms, including Meta, Microsoft, Advanced Micro Devices and Broadcom, said on Thursday (May 30) they have developed a new industry standard for networking in AI data centres,...
Samsung’s new chip chief seeks to rally troops after setbacks
THE new head of Samsung Electronics’s semiconductor division urged employees to work their way past challenges in the business, making his first remarks to staff after the surprise departure...
China creates 344 billion yuan chip fund to fuel self-resilience
CHINA has set up the country’s largest-ever semiconductor investment fund to propel the development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency as the...
Nvidia cuts China prices in Huawei chip fight: sources
NVIDIA’S most advanced artificial intelligence (AI) chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below...
US: Nasdaq, S&P 500 open higher as Nvidia drives chip stocks rally
The tech-heavy Nasdaq and the benchmark S&P 500 opened higher on Thursday (May 23), driven by strong gains in chip stocks after Nvidia’s upbeat revenue forecast cemented investor optimism...
Amazon says it has not halted any Nvidia chip orders
May 21 (Reuters) - Amazon.com’s cloud services unit said on Tuesday (May 21) that it has not halted any orders of Nvidia’s most advanced chip on the market, but...
