Huawei readies new AI chip to challenge Nvidia in China
China’s Huawei Technologies is close to introducing a new chip for artificial intelligence use to challenge Nvidia in China amid…
Oil Poised for Weekly Gain With Eyes on Middle East, Equities
Oil steadied after a three-day rebound, with traders monitoring developments in the Middle East and the fledgling recovery from this…
Trending tickers: Nvidia, Bitcoin, TSMC and Hargreaves Lansdown
Nvidia was trading higher in pre-market trading after surging 6% in Thursday’s session as tech stocks lead the market comeback.…
Japan’s Toyota promises to do better with vehicle testing after major scandal
Toyota promised Friday to strengthen oversight of its vehicle certification so the scandal that surfaced recently over improper tests will…
Intel is taking another of ASML’s High NA tools, says CEO
Intel is in the process of receiving the second of ASML’s new 350 million euro ($383 million) “High NA” EUV…
Apple’s Shift to AI Is Poised to Soften Blow From Google Ruling
Google’s defeat in an antitrust suit filed by the Justice Department has cast a shadow over partner Apple Inc., which…
Spirit Aero losses more than double as 737 output drops, A220 woes linger
Spirit AeroSystems said on Monday its quarterly losses more than doubled as 737 fuselage shipments to its biggest customer Boeing…
Exclusive-Chinese firms stockpile high-end Samsung chips as they await new US curbs
Chinese tech giants including Huawei and Baidu as well as startups are stockpiling high bandwidth memory (HBM) semiconductors from Samsung…
Samsung Chips Boss Warns of ‘Vicious Cycle’ Unless Changes Made
Samsung Electronics Co.’s chip business leader warned that Korea’s largest company risked getting caught in a “vicious cycle” if it…
US Justice Dept. is investigating Nvidia’s acquisition of AI startup, Politico reports
The U.S. Department of Justice is investigating chip giant Nvidia’s (NVDA) buyout of AI startup Run:ai on antitrust grounds, Politico…