The U.S. imposed caps on how many advanced AI chips can be exported to certain countries, overriding Nvidia's objections. Sha
Nvidia pushes back on new artificial-intelligence regulations, Tesla stock trades lower, Moderna issues weak revenue guidance, and Intra-Cellular Therapies is being acquired by Johnson & Johnson for nearly $15 billion.
Asian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia. Benchmarks rose in early Tuesday trading in Japan, South Korea and Australia, while
Rising technology stocks helped U.S. indexes recover more of their holiday-season slide that bridged the new year.
Nvidia climbed 4.8% ahead of a speech by CEO ... compared with the strength of its business. In the old economy, U.S. Steel climbed 4.9% after it and Japan’s Nippon Steel filed a federal lawsuit ...
U.S. Steel climbed 8.1% overnight after it and Japan ... including those swept up in the frenzy around artificial-intelligence technology. Nvidia climbed 3.4% to top its record set in November ...
In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to become the new owner of the once-mighty steel giant.
The regulations, among the strongest yet from the Biden administration, limit AI chip exports to most countries except for a select group of close U.S. allies.
Nvidia pushes back on new artificial-intelligence regulations, Tesla stock trades lower, Moderna issues weak revenue guidance, and Intra-Cellular Therapies is being acquired by Johnson & Johnson for nearly $15 billion.
Nvidia faces a significant revenue threat due to the latest U.S. export restrictions on artificial intelligence chips, designed to limit the global distribution of these coveted processors, analysts and investors said.
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
Nvidia CEO Jensen Huang confirms changes in advanced packaging needs at TSMC, opting for CoWoS-L over CoWoS-S for upcoming Blackwell chip.