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Nvidia shares tumbled nearly 7% Wednesday after the company said it’s set to take a $5.5 billion charge as a result of U.S.
In commodities, the spotlight has been on gold prices as it racked up yet another record high, going as high as $3,357.40 per ounce earlier in the session due to safe-haven flows. Gold was last at ...
National security concerns grow as Washington eyes Chinese AI startup DeepSeek and pressures Nvidia over tech transfers.
US lawmakers accused DeepSeek of spying for China and said they are looking into how Nvidia chips may have been obtained by ...
Investors were rattled on Wednesday as dual tariff related news from Nvidia and the Fed trigger a sharp stock sell-off.
New chip restrictions for Nvidia and AMD show the Trump administration’s determination to battle China on tech advances as ...
According to the New York Times, the US authorities are also considering banning DeepSeek from purchasing US technologies, including artificial intelligence chips ...
The Trump administration is considering barring Americans from accessing AI models created by the Chinese AI lab, DeepSeek.
DeepSeek, White house and the Commerce Department did not immediately respond to Reuters’ requests for comment.
Separate warnings by the chipmaking giant and the chairman of the Federal Reserve about the impact of White House policies ...
Nvidia said it's anticipating a charge of up to $5.5 billion tied to exporting its AI chips to China, according to a regulatory filing from the semiconductor company. Nvidia also disclosed the U.S.
Nvidia Corp. disclosed late Tuesday that it is facing new restrictions on its sales to China, and Baird Equity Research analyst Colin Sebastian said the development could hurt Alibaba's (BABA) ability ...
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