Tag Archives: China

China’s chipmakers are seeking to triple the country’s total output of artificial intelligence processors next year, as Beijing races the US to develop the most advanced AI. One fabrication plant dedicated to producing Huawei’s AI processors is scheduled to start production as soon as the end of this year, while two more are due to launch next year, said two …

In a groundbreaking discovery reported by CGTN, paleontologists in Zhucheng, China, have unearthed a massive tyrannosaur fossil that could rival “Sue,” the largest T. rex. The find, including a giant thigh bone and vertebra, suggests a creature over 12 meters long, potentially reshaping our understanding of dinosaur origins. The Zhuchengtyrannus Magnus Discovery The recent fossil discovery includes a remarkable thigh …

BANGKOK (AP) — Shares in China Evergrande were removed from the Hong Kong Stock Exchange on Monday, marking another step in the retreat of the giant real estate developer whose downfall contributed to a prolonged crisis in China’s property market. Evergrande’s creditors are still working to wind up debts that amounted to more than $340 billion. Once China’s second-largest developer, …

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy. AI GPU giant NVIDIA’s H20 chips have been banned in China, suggests a report which quotes investment bank Jefferies. NVIDIA’s H20 GPUs have been at the center of US trade tensions with China, after the Trump administration …

Fed pivot bolsters world stocks, China shares at highest since 2022  ReutersView Full Coverage on Google News Source link

China surge leads Asia stocks higher, Nvidia a hurdle  Reuters U.S. Treasury yields tick higher as investors look toward key inflation data later in the week  CNBC Powell’s Rate Cut Signal Reflects Economy’s Delicate Position  The Wall Street Journal Fed’s Jackson Hole Exposes Hard Road Ahead for Central Bankers  Bloomberg Asian shares track Wall Street’s rally after Powell hints at rate cuts  AP News Source …

Nvidia (NVDA) has stopped production of its H20 AI chip for the Chinese market. The move comes after officials in Beijing told companies not to buy the product due to security concerns. The decision marks another shift in the ongoing technology trade dispute between the United States and China. The news comes just days ahead of the company’s second-quarter earnings …

Image: Push Square Sony raised the price of the PS5 in the US this week blaming a “challenging economic environment”. Look, we don’t want to get too deeply into the politics of it all, but we know the uncertain situation caused by tariffs is playing a huge role in all of this. PlayStation did shield itself from the turbulence for …

Nvidia Stock Drops. AI Chip Sales in China Are Under Threat.  Barron’s Nvidia looking to halt H20 chip production after China cracks down on purchases, reports say  CNBC Nvidia talking to Trump admin. about new China chip  Yahoo Finance Nvidia Chief in Talks With China to Allay Security Fears Over A.I. Chips  The New York Times Nvidia’s CEO says it’s in talks with Trump …

Nvidia Chief in Talks With China to Allay Security Fears Over A.I. Chips  The New York Times Nvidia in talks with U.S. to sell a more advanced chip to China, Jensen Huang says  CNBC Stock Movers: Nvidia, BJ’s, Workday  Bloomberg.com Nvidia’s CEO says it’s in talks with Trump administration on a new chip for China  The Washington Post Nvidia’s China Trouble Could Slash Billions …