The ongoing market chaos caused by Donald Trump’s tariffs continues to dominate the business newspapers, as do reports about inflation, job risks and a UK-US trade deal that comes at a price. Tech stocks suffered a Wall Street sell-off on Wednesday after Nvidia revealed new US controls on sales to China will wipe billions of dollars from its earnings. The US dollar has continued to weaken for the fifth straight day, amid real fears that the world could start the process of de-dollarisation.
US stock markets experienced substantial losses, particularly in AI chipmakers like Nvidia and AMD, which plummeted after new export restrictions to China were announced.
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Reuters exclusively reported that Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms
The post Nvidia pursues $30 billion custom chip opportunity with new unit appeared first on Reuters News Agency.
Reuters exclusively reported that Chinese military bodies, state-run artificial intelligence research institutes and universities have over the past year purchased
The post China’s military and government acquire Nvidia chips despite US ban appeared first on Reuters News Agency.
Reuters exclusively reported that Chinese chip designers including Tencent Holdings (0700.HK) are aggressively pitching their AI chips as alternatives to
The post After US curbs, Tencent and small chip designers chase Nvidia’s China crown appeared first on Reuters News Agency.
Reuters was first to report that Nvidia (NVDA.O) has told customers in China it is delaying the launch of a new artificial
The post Nvidia delays launch of new China-focused AI chip appeared first on Reuters News Agency.
Nvidia’s plans to develop PC chips using Arm technology that run Microsoft Windows as early as 2025.
The post Nvidia to make Arm-based PC chips in major new challenge to Intel appeared first on Reuters News Agency.
The company’s specialised chips are key components that help power different forms of artificial intelligence (AI).
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