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Nvidia's Jensen Huang Meets Shanghai Mayor Amid Fresh US Chip Curbs
Sunday, April 20, 2025 - 11:31am | 466Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang continued his high-level tour in China with a meeting in Shanghai on Friday, following discussions with central government officials in Beijing a day earlier. The visit comes amid tightening U.S. restrictions on chip exports to China, which have created...
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Nordea, Parisi Gray, Graypoint Load Up On Marvell Technology Shares, IAIM Dilutes 98% In Q4: Here's What MRVL's Technical Analysis Says
Wednesday, January 15, 2025 - 6:36am | 794Wealth management companies have loaded up on Marvell Technology Inc.’s (NASDAQ:MRVL) shares in the fourth quarter as it achieved a significant milestone with its new chip. Technical analysis of daily moving averages indicates a strong bullish uptrend. What Happened: According to the 13F...
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Ahead Of Trump's Return To White House, US Approves $406M Grant For Taiwan's Chipmaker GlobalWafers
Tuesday, December 17, 2024 - 7:09am | 573In a significant move to bolster the domestic semiconductor industry, the U.S. Commerce Department has approved a $406 million grant for Taiwan’s GlobalWafers. This funding is aimed at enhancing silicon wafer production within the United States. What Happened: The grant will facilitate...
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Nancy Pelosi's Stock Pick Broadcom Shoots 15% In Friday Pre Market As Broadcom CEO Sees 'Opportunity Over The Next 3 Years In AI'
Friday, December 13, 2024 - 5:59am | 596Shares of Broadcom Inc (NASDAQ:AVGO) soared by 14.47% in premarket trading on Friday, as per Benzinga Pro. This follows the company’s release of its fourth-quarter earnings. Despite mixed results, CEO Hock Tan emphasized the company’s promising future in artificial...
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Will Google's New 'Willow' Chip Break Bitcoin? Some Dismiss It As 'Fantasy' While Others Flag 'Risk' That Isn't Immediate
Thursday, December 12, 2024 - 5:50am | 1019Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Google's unveiling of its next-generation quantum chip, "Willow" has sent ripples through the tech world, with its lightning-fast computation capabilities stoking concerns for Bitcoin (CRYPTO: BTC) and other cryptocurrencies. What happened: The...
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Jensen Huang Reveals That Demand For Nvidia GPUs Is 'Just So Strong' That Supply Takes A Hit
Thursday, May 23, 2024 - 5:14am | 501Nvidia (NASDAQ:NVDA) CEO Jensen Huang discussed the company’s supply challenges due to the rising demand for its chips. What Happened: During an exclusive interview, Huang emphasized that the demand for Nvidia’s graphics processing units (GPUs) is exceptionally high, but the supply...
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Biden Cabinet Member Isn't Impressed With Huawei's Latest Smartphone, Chip Breakthrough: 'We've Out-Innovated China'
Monday, April 22, 2024 - 12:02am | 653U.S. Commerce Secretary Gina Raimondo dismissed Huawei Technologies Co.‘s latest chip technology as significantly lagging behind the United States. What Happened: On Sunday, in an interview with CBS News’ 60 Minutes, Raimondo, a member of President Joe Biden’s cabinet,...
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Threat For Nvidia, AMD? Huawei Ramps Up Semiconductor R&D In Shanghai To Counter US Restrictions
Thursday, April 11, 2024 - 4:28am | 876Nvidia, AMD chip-rival Huawei Technologies is significantly bolstering its semiconductor research and development capabilities by establishing a new, expansive center in Shanghai. What Happened: Huawei Technologies is escalating its efforts in semiconductor research and development by establishing...
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AI Boom Fuels Optimistic Outlook For Key Apple Supplier: IQE Sees Strong Order Book In 2024 Despite 'Persisting Uncertainties In Global Economy'
Wednesday, April 10, 2024 - 7:22am | 715British chip components manufacturer IQE (OTC:IQEPF) has projected its fiscal 2024 results to meet market expectations, driven by a robust order book and the burgeoning artificial intelligence industry. What Happened: On Wednesday, IQE, a supplier to Apple Inc. (NASDAQ:AAPL...
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Nvidia's AI Accelerators For China Under US Government Scrutiny
Monday, December 11, 2023 - 11:05pm | 572In a recent announcement, U.S. Commerce Secretary Gina Raimondo revealed an ongoing scrutiny of three novel artificial intelligence (AI) accelerators being created by Nvidia Corp (NASDAQ:NVDA) for the Chinese market. What Happened: As per a Bloomberg report on Dec. 11, 2023, every aspect of the new...
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Want Elon Musk's Neuralink Chip In Your Brain? Here Are The Conditions For Taking Part In The Human Trials
Wednesday, November 8, 2023 - 11:32pm | 506Elon Musk’s brain chip startup Neuralink has laid out specific criteria for those interested in participating in its human trials. What Happened: Eligibility for the trials is not universal. Candidates must be 18 or older and have conditions such as quadriplegia, paraplegia, visual or hearing...
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Intel CEO Charts Strategy To Secure Victory In Chip War with Immigration Reform: 'World Wants To Send Us Their Best...Let's Say Yes'
Thursday, October 19, 2023 - 12:10am | 636The escalating competition for chip supremacy demands a concerted effort from industry and government, warns Intel (NASDAQ:INTC) CEO Pat Gelsinger. He emphasizes the critical role of technology supply chains in shaping geopolitical dynamics. According to Barron’s report,...
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Qualcomm's 5G Chip Deal With Apple: Stock Reversal In Sight?
Monday, September 11, 2023 - 9:48am | 610Just when investors thought they'd parted ways, Qualcomm Inc. (NASDAQ:QCOM) and Apple Inc. (NASDAQ:AAPL) have surprised everyone, joining forces in a three-year deal over 5G chips. Apple’s pivot back to Qualcomm seems to be a clear indicator that its quest to whip up its own 5G chips might...
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China Explores Strategies For Manufacturing AI Memory Chips Despite US Sanctions: Report
Wednesday, August 30, 2023 - 1:11am | 527China is looking into ways to independently manufacture high-bandwidth memory (HBM), a new generation of AI-specific memory chips, to achieve semiconductor self-sufficiency amid sanctions from the U.S., South China Morning Post reported. Industry insiders reveal that it may be a challenging...
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Huawei Reportedly Testing Its In-house 5G Chip To Reclaim Lost Spot In Smartphone Market
Monday, August 21, 2023 - 3:55am | 487Huawei Technologies could make a splashing comeback to the 5G smartphone market. What Happened: Huawei is speculated to be testing 5G baseband chips and System-on-a-Chip or SoCs for a flagship handset. The company’s return to the 5G market has been rumored after Richard...