Two Chinese AI Chipmakers Seek IPOs to Mount Challenge to Nvidia
Two of China’s most prominent designers of AI chips are targeting initial public offerings in Shanghai as soon as this…
Gold Slips After Rise in Core Inflation Dims Odds of a Jumbo Cut
Gold fell after a key economic report showed underlying US inflation unexpectedly picked up in August as housing costs accelerated,…
Intel partner offers refund for faulty Core i9-14900K CPU due to lack of stock — affected user sells off Intel hardware and switches to AMD
According to a report from HKEPC, an Intel distribution partner in Hong Kong is arranging refunds instead of replacing failed…
Bond Market Sees Risk of Inflation Falling Below Fed Target
Two years into the Federal Reserve’s battle against inflation, bond investors are seeing a new risk: Consumer price growth is…
Dell Says Job Cuts Will Continue With Margins Under Pressure
Dell Technologies Inc. will continue to reduce its workforce this year, trying to control costs amid concerns that demand for…
Sony Sparks Debate by Pricing New PlayStation Well Above Xbox
Sony Group Corp. priced a faster version of the PlayStation 5 well above its rival Xbox at $700, suggesting the…
US forces are going to help Japan get its destroyer-turned-aircraft carrier ready to fly F-35 stealth fighters
Japan announced plans to test F-35B stealth fighters on its new destroyer-turned-aircraft carrier. The testing, supported by the US Navy,…
Nvidia chips are in such high demand that customers are ’emotional
Nvidia CEO Jensen Huang says product shortages are making customers emotional. Demand for Nvidia’s AI chips, including the Blackwell line,…
Why oil prices have cratered to their lowest level in nearly 3 years
Oil prices plunged to their lowest level since December 2021, with Brent oil falling 4% to $68.99 on Tuesday. Supply…
Volkswagen scraps decades-old job guarantees, paving way for lay-offs
Volkswagen said on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at…