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Fan Wang and João da Silva BBC News Getty Images When ChatGpt stormed the world of artificial intelligence (AI), an inevitable question followed: did it spell trouble for China, America’s biggest tech rival? Two years on, a new AI model from China has flipped that question: can the US stop Chinese innovation? For a while, […]
By Lucia Mutikani WASHINGTON (Reuters) -Sales of new U.S. single-family homes increased more than expected in December, further evidence that housing market activity regained some momentum at the end of 2024, though rising mortgage rates remain a constraint. The report from the Commerce Department on Monday also showed the rebound in home sales in November […]
“Tech firms, especially those involved in AI training and inference, may experience delays and higher costs in acquiring these essential components,” Rawat said. “Similarly, server and PC chip shortages are exacerbated by restrictions on chipmaking tools, making it harder for Chinese manufacturers to produce advanced chips for servers and high-performance systems, potentially leading to delays […]
An ASML icon is being displayed on a circuit board, alongside the flags of the USA and China, in this photo illustration taken in Brussels, Belgium, on January 4, 2024. Jonathan Raa | Nurphoto | Getty Images Shares of key global semiconductor equipment firms jumped on Thursday after a report that the U.S. is considering […]
SHENZHEN, China (Reuters) -Chinese tech giant Huawei Technologies unveiled its Mate 70 smartphone series on Tuesday, advancing its comeback in the premium smartphone space while showcasing its own operating system in a clean break away from U.S. technology. The phone marks the “the most powerful Mate phone ever”, Richard Yu, chairman of Huawei’s Consumer Business […]
FirstFT: China’s black market in Nvidia AI chips helps flout US export curbs Financial Times Source link
Image caption, ASML makes chip manufacturing equipment Article information Author, João da Silva Role, Business reporter 18 July 2024 Updated 1 hour ago Technology stocks around the world have slumped on fears about the global computer chip industry. The sell-off came after a report that the Biden administration could be set to further tighten restrictions […]
(Bloomberg) — Stocks retreated from their all-time highs, with concern about tighter US restrictions on chip sales to China spurring a selloff in the industry that has powered the bull market. Most Read from Bloomberg From the US to Europe and Asia, chipmakers came under heavy pressure. American powerhouses Nvidia Corp., Advanced Micro Devices Inc. […]
By Isla Binnie NEW YORK (Reuters) -World stock indexes mostly fell on Wednesday, with Wall Street weighed down by the prospect of U.S. trade curbs, while the yen rose sharply in a move suspected to be the result of another intervention from Japanese officials to buttress the currency from multi-decade lows. Treasury yields gained as […]
By Andrew Mills DOHA (Reuters) – Nvidia has signed a deal to deploy its artificial intelligence technology at data centres owned by Qatari telecoms group Ooredoo in five Middle Eastern countries, Ooredoo’s CEO told Reuters. The agreement marks Nvidia’s first large-scale launch in a region to which Washington has curbed the export of sophisticated U.S. […]