China’s Huawei develops new AI chip to compete with US’s Nvidia: Report | Technology News
The chip is in early development and will undergo a series of tests before it will be deemed ready for customer use.China’s Huawei Technologies is…
Nvidia leads decline in technology stocks, dragging Wall Street lower
ADVERTISEMENTThe S&P 500 was down 0.9% in early trading. The Dow Jones Industrial Average was down 180 points, or 0.4%, as of 3:35 pm CEST,…
Tech stocks rebound after Trump gives more tariffs guidance
Stock prices of Apple, Alphabet and other Silicon Valley tech companies rebounded on Monday after the Trump administration said electronics, including semiconductors and smartphones, were…
Nvidia commits to $500bn AI server production in the US | Technology
The chipmaker’s move is the latest by tech firms to bring jobs to the United States.Chipmaker Nvidia says it plans to build artificial intelligence servers…
Trump will exclude some electronics from tariffs
The Trump administration late Friday said they would exclude electronics like smartphones and laptops from “reciprocal” tariffs, a move that could help keep the prices…
Nvidia shares fall following new AI chip announcements
Nvidia's shares fell despite unveiling its next-generation artificial intelligence chips at the annual GPU Technology Conference (GTC), highlighting the risk-off sentiment-driven markets. ADVERTISEMENTOn Tuesday, Nvidia…
Options Traders Line Up Hedges Before Pivotal Nvidia Earnings
Breadcrumb Trail LinksPMN BusinessEven before Friday’s slide jolted the US stock market out of its calm, some traders were preparing for unrest.Author of the article:Bloomberg…
Chinese startup DeepSeek rattles global markets as Nvidia shares plunge
The unveiling of Chinese AI startup DeepSeek's latest AI model, which outperforms its US rivals, caused a sharp decline in the value of US and…
Why Chinese AI company DeepSeek is spooking investors on U.S. tech
Major U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese artificial intelligence startup DeepSeek unveiled a system that it says can compete…
Nvidia faces Chinese investigation amid retaliation for US trade restrictions
Nvidia shares slid amid an escalation in the tech trade war as China launched a probe into the company on suspicion of breaching the anti-monopoly…
China launches investigation into US chipmaker Nvidia | Technology News
Taipei, Taiwan – China has launched an antitrust investigation into chip giant Nvidia in what appears to be Beijing’s latest act of retaliation against Washington’s…
Weekly recap: Geopolitical tensions weigh on European market sentiment
The European stock markets rebounded on Thursday but remained in negative territory for the week as rising geopolitical tensions weighed on sentiment. ADVERTISEMENTStock markets on…
Samsung shares jump after surprise share buyback announcement
The prospect of a buyback worth trillions of South Korean won has cheered investors after a disappointing year. ADVERTISEMENTThe value of Samsung stock rose more…
Markets look ahead: What’s in store for global data and Nvidia’s earnings
With key economic data and Nvidia earnings scheduled, this week will provide important signals for global market directions. ADVERTISEMENTThis week, the market focus will be…
Nvidia to replace Intel on Dow Jones Industrial Average
A screen at the NASDAQ shows news on Nvidia's upcoming earnings report in Times Square in New York City on February 21. Nvidia will replace…
Nvidia shares hit new high as demand soars for AI supercomputer chips
Nvidia's shares closed at a record high on Monday, driven by growing optimism around the strong demand for its new supercomputing AI chips, Blackwell. Analysts…
Nvidia sheds billions in value on tech wreck and antitrust investigation
Nvidia shares suffered their largest one-day drop ever amidst the artificial intelligence (AI) stock sell-off. The company is also facing an antitrust investigation due to…
Nvidia shares slide as guidance misses expectations
Nvidia surpassed market expectations with its quarterly results but fell short of analysts' estimates for growth in the current quarter. As a result, its shares…
Wall Street’s next big test is looming with Nvidia’s profit report
How much hype is left in Nvidia's stock? Anyone with an S&P 500 index fund is hoping to get an answer to that weighty question…
Intel to slash 15,000 jobs amid struggles to keep up with Nvidia and AMD | Technology
US chip maker to cut 15 percent of workforce as part of efforts to cut costs by $10bn in 2025.Chipmaker Intel has announced plans to…