demand
Nvidia considers increasing H200 chip output due to robust China demand: sources
Chinese companies’ strong demand for the H200 stems from the fact that it is easily the most powerful chip they can currently accessNVIDIA has told Chinese clients it is...
Chinese LNG demand looks set to disappoint for yet another year
[BEIJING] Chinese liquefied natural gas (LNG) imports are at risk of another weak year as disappointing industrial demand and persistently high global prices look set to reduce purchases.Imports will...
EV truck maker Rivian is laying off hundreds amid a slowdown in demand
The electric truck and SUV company Rivian will lay off hundreds of employees in an attempt to save cash as federal support for electric vehicle adoption wanes under the...
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
[SINGAPORE] Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of S$905,582.87 by Thursday (Oct 23).The letters, dated Oct 16,...
SGX securities trading volume surges 50.8% in September on stronger equities demand
[SINGAPORE] The Singapore Exchange (SGX) reported a 50.8 per cent year-on-year rise in its securities turnover volume, as demand for local equities maintained its momentum on the local bourse....
Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
[FRANKFURT] Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in the country remains weak...
Nvidia to invest $100 billion in OpenAI to build data centers
Nvidia plans to invest $100 billion in OpenAI, giving the ChatGPT maker a huge war chest to build data centers with the chip maker’s chips.OpenAI will gain access to...
Oil gains weighed down by US demand worries
[HOUSTON] Oil prices rose on Friday (Sep 12) after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about...
