China AI Chip Leader Soars 20% Limit as Beijing Warns on Nvidia
Cambricon, the biggest publicly traded designer of the chips that underpin AI development, gained the maximum allowed in heavy trading.…
Tesla, Musk beat shareholder lawsuit over self-driving promises
Tesla and its CEO Elon Musk on Monday won the dismissal of a lawsuit accusing them of defrauding shareholders by…
Netflix’s stunning comeback — explained in one chart
Netflix is crushing the streaming competition. You know this, and its competitors know this. But its big win wasn’t always…
Nvidia shares fall and its Chinese rivals soar after Beijing urges AI companies to look elsewhere for chips
Nvidia’s share price has taken a knock, and its Chinese chipmaking rivals have soared, after Beijing reportedly discouraged Chinese AI…
Boeing suppliers fear long-term jobs hit from strike
Boeing’s two-week-old strike has forced aerospace supplier Pathfinder Manufacturing to furlough 14 out of the company’s 54 employees, and CEO…
Intel motherboard partners begin to roll out Raptor Lake microcode updates to banish Vmin Shift Instabilities
Intel motherboard partners have started to roll out the first batch of microcode updates to address the issue known as…
Stocks Are In and Bonds Are Out: Top Trades for the Rest of the Year
US stocks will outperform the nation’s government and corporate bonds for the rest of this year as the Federal Reserve…
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChatGPT fee hikes planned
Artificial intelligence startup OpenAI expects massive losses this year, but revenue over the next five years will continue to be…
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…
Spirit Aero reviews furlough contingency plans amid Boeing strike
Spirit AeroSystems is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday, adding that the key supplier…