Huawei's AI chips take another step forward as Chinese firms look for Nvidia alternatives
US-sanctioned Huawei Technologies has started testing a new artificial intelligence (AI) chip with potential clients in China as companies look for alternatives to high-end Nvidia chips, edging closer ...
ASX to rise, Pacific Smiles board rejects Genesis bid
Shares poised to reset record high; Dow Jones resets record high; AGL nabs new deal with Portland smelter; $A at 69¢. Follow ...
Dow Jones hits record high amid positive inflation data
On Friday, the Dow Jones Industrial Average hit a new record high as traders processed fresh data indicating ongoing progress in curbing inflation.
ASX to rise, oil in focus on heightened tensions in the Middle East
Shares poised to reset record high; Dow Jones resets record high; Australian retail sales this week; $A at 69¢. Follow ...
Here's Why China is Urging Its Companies to Forgo Nvidia's Chips
In a move to strengthen its semiconductor industry and counter U.S. sanctions, Beijing is reportedly encouraging Chinese ...
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Huawei guns for Nvidia market share in China — Ascend 910C GPU customer sampling begins
Huawei is sampling its latest GPU for AI to customers in China according to reporting by the South China Morning Post. Citing ...
Should You Sell Nvidia; Buy China? That's What This Billionaire Investor Is Doing
Tepper's fund dumped 3.73 million shares of Nvidia, or roughly $450 million worth of the top artificial intelligence (AI) ...
Why China stocks are now a buy for U.S. investors
David Tepper is buying 'everything' in China: 'ETFs... futures... everything'China stock-market jump may be 'tradable rally' - but approach with cautionCommodities Corner: China stimulus plans spark a ...
Dow Closes at Record High as Tame Inflation Report Also Lifts Small Caps
(Reuters) -The blue-chip Dow Jones Industrial Average closed at a record high on Friday as investors welcomed a subdued ...
Bloomberg Businessweek: China Urges Companies Away From Nvidia
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
China urges local companies to stay away from Nvidia AI chips, according to reports
China urges local companies to stay away from Nvidia AI chips, according to reports Dan Eye, chief investment officer at Fort ...