chip
More losses are weighing on UnitedHealth Group stock (UNH), which traded % lower an hour ahead of the opening bell. First,
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific markets traded mixed Wednesday after key Wall Street benchmarks rose on easing U.S.-China trade tensions. Japan’s benchmark Nikkei 225 slipped 0.68%, giving up gains after four consecutive positive sessions. South Korea’s Kospi rose 0.53%. Australia’s benchmark S&P/ASX […]
(Bloomberg) — The Trump administration is preparing to announce a deal granting Saudi Arabia more access to advanced semiconductors, paving the way for increased data center capacity in the Gulf nation despite concerns from some US officials about its ties to China, according to people familiar with the matter. Most Read from Bloomberg The agreement […]
Getty Images With the meteoric rise of Nvidia, chief executive Jensen Huang has been nicknamed a tech “rock star” and the ‘Taylor Swift of tech’ Computer chip giant Nvidia has once again found itself at the centre of US-China tensions over trade and technology. On Thursday Nvidia’s chief executive Jensen Huang flew to Beijing to […]
(Reuters) – Global chip stocks slumped on Wednesday after Washington curbed exports of an AI chip Nvidia had tailored for China, further cutting off the crucial growth market for semiconductors in a move that will cost the AI pioneer $5.5 billion in charges. Nvidia (NVDA) said the charges it would incur is a result of […]
Nvidia has said it expects a $5.5bn (£4.1bn) hit after Donald Trump’s administration barred the chip designer from selling crucial artificial intelligence chips in China, sending shares in one of the US’s most valuable companies plunging in after-hours trading. The company said in an official filing late on Tuesday that its H20 AI chip, which […]
By Max A. Cherney TORONTO (Reuters) – U.S. President Donald Trump’s new tariffs could cost U.S. semiconductor equipment makers more than $1 billion a year, according to industry calculations discussed with officials and lawmakers in Washington last week, two sources familiar with the matter said. Each of the three largest U.S. chip equipment makers – […]
Two Federal Reserve officials said they expect weaker growth and higher inflation this year on account of President Trump’s tariff policies. Boston Fed president Susan Collins told . . .
Commerce Secretary Howard Lutnick said on Thursday that the US intends to take chip manufacturing from Taiwan. Lutnick said in an interview on CNBC’s “Squawk Box” that while President Donald Trump’s latest round of tariffs didn’t apply to semiconductors, Trump is still looking at how the US can . . .
William_potter | Istock | Getty Images The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities. The U.S. Department of Commerce’s Bureau of Industry and Security added 80 […]