ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. The Pentagon issued a “letter of concern” to Microsoft documenting a “breach of trust” over the company’s use of China-based engineers to maintain sensitive government computer systems, Defense Secretary Pete Hegseth announced this week. At the same time, …
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Cambricon, a China-based semiconductor firm, posted record profits in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in China has been tied up …
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Nvidia recorded no China sales revenue for H20 chips and reported revenue that narrowly beat Wall Street targets in the second quarter, as the AI chipmaker reported financial results on Wednesday. The results, while confirming that demand for AI infrastructure remains solid, left investors underwhelmed and shares of Nvidia, the world’s most valuable company, declined 4% to around the $175 …
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ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Microsoft says it has stopped using China-based engineers to support Defense Department cloud computing systems after ProPublica revealed the practice in an investigation this week. “In response to concerns raised earlier this week about US-supervised foreign engineers, Microsoft …
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