Business

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Sarah Meyssonnier | Reuters Nvidia announced Tuesday that it hopes to resume sales of its H20 general processing units to clients in China, saying that the U.S. government had assured …

General Motors and LG Energy Solution will manufacture low-cost lithium-iron phosphate (LFP) batteries in the U.S. The automaker will convert part of its Spring Hill, Tennessee, manufacturing plant to incorporate LFP battery assembly.  The next-generation Chevy Bolt EV and one trim of the Silverado EV will be powered by LFP batteries.  General Motors’ electric vehicle plans are already paying dividends. …

Nvidia Expects License to Sell H20 AI Chip to China Again  Bloomberg Nvidia to resume H20 GPU sales in China  Yahoo Finance Nvidia to resume H20 GPU chip sales to Beijing, launches China-compliant model  Reuters Nvidia’s Jensen Huang brushes off U.S. fears that China’s military will use his firm’s chips  CNBC Will Nvidia Announce Something Big on July 16?  The Motley Fool Source link

Why Nvidia and these other chip stocks could be standouts this earnings season  MarketWatchView Full Coverage on Google News Source link

High rise buildings, including the China Zun or CITIC Tower (L, back) is seen at the Central Business Distric (CBD) from the Tuanjiehu park in Beijing on June 2, 2025. Adek Berry | Afp | Getty Images China’s economy grew at a slower clip in the second quarter, as trade tensions with the U.S. rattled an economy already mired in …

The government is accelerating adoption of artificial intelligence technology, beginning with the U.S. Department of Defense using Grok, the AI chatbot embedded into X. Elon Musk‘s startup xAI announced on Monday a $200 million government contract as the Defense Department aims to address national security concerns with AI technology. It’s also rolling out what it called “Grok for Government,” a …

Key Takeaways Tesla CEO Elon Musk said he does not support a merger of Tesla with xAI, his artificial intelligence startup. Musk did say, however, that he supports Tesla investing in the maker of the Grok chatbot. The chatbot was added to Tesla vehicles in a beta test over the weekend. Tesla (TSLA) does not have any plans to acquire …

CNN  —  The Port of Los Angeles rebounded in June for a record-breaking month as importers raced to get cargo into the port before the “reciprocal” tariff pause ended July 9, port executive director Gene Seroka announced Monday. President Donald Trump has since pushed that deadline to August 1. The Port of Los Angeles, which gets more goods from China …

CMS Proposes Physician Payment Rule to Significantly Cut Spending Waste, Enhance Quality Measures, and Improve Chronic Disease Management for People with Medicare  The Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that would increase quality care for Medicare recipients while significantly reducing unnecessary spending. The calendar year (CY) 2026 Medicare Physician Fee Schedule (PFS) proposed rule would …

US rare earth pricing system is poised to challenge China’s dominance  Reuters Pentagon to become largest shareholder in rare earth miner MP Materials; shares surge 50%  CNBC Rare earths miner taps a seam of US government largesse  Financial Times The Pentagon’s Rare Earths Deal Is Making Former Biden Officials Jealous  Heatmap News The Pentagon’s Bold Move To Secure U.S. Rare Earth Mineral Needs  Forbes Source …