Nvidia stock falls after Biden administration releases updated export rule for AI chips

Nvidia stock (NVDA) fell as much as 3% early Monday after the Biden administration released an updated export rule aimed…

Gold Holds Gain as Traders Seek Safety From US Rate Uncertainty

Gold held a four-day rally, with traders seeking refuge in the haven asset as risk-off sentiment swept markets on fresh…

Hyundai launches $18,000 EV in Japan to penetrate EV-wary market

South Korea’s Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a…

Nvidia criticizes reported Biden plan for AI chip export curbs

Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports,…

How Trump’s energy vision aligns with Bitcoin’s economic and geopolitical promise

“Trump is early in his bitcoin journey, as most people are when they start,” Bailey noted. He explained that Trump’s…

TSMC’s fourth-quarter revenue handily beats market forecast

TSMC, the world’s largest contract chipmaker, on Friday reported fourth-quarter revenue of T$868.42 billion ($26.36 billion), asily beating a market…

xAI is testing a standalone iOS app for its Grok chatbot

Elon Musk’s AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only…

Netherlands holds supply talks with Nvidia, AMD on AI-facility

The Dutch government said on Thursday it is in discussions with U.S. chip firms Nvidia and AMD about suppling hardware…

BP projects 44% jump in oil output from India’s largest field, ONGC says

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India’s largest…

Apple Executive Departs Indonesia After iPhone Ban Deal Hiccup

The Apple Inc. executive leading talks with Indonesia to lift the country’s iPhone 16 sales ban departed Jakarta on Wednesday,…