Nvidia reduced its stake in British chip firm Arm Holdings by about 44% and exited its holdings in Serve Robotics and SoundHound AI in the fourth quarter, a regulatory filing showed on Friday.
Hopium Meeting Reality. Please click here for an enlarged chart of Hims & Hers Health Inc (HIMS). Note the following: In many
Huawei has boosted yield of AI chips to 40%, becoming profitable for the first time. It aims to reach 60% yield, while facing competition from Nvidia.
Two major Wall Street indexes saw their fourth straight decline on Tuesday, as Treasury yields and the dollar retreated on signs of softening U.S. growth and uncertainty over Trump administration policies.
Demand for Nvidia's pricey artificial intelligence chips will be in focus when the company reports results on Wednesday as investors doubt the hefty spending on the technology after low-cost AI models from China's DeepSeek rattled the industry.
Investors focused on a report that said the U.S. was planning further restrictions on Nvidia's chip exports to China and that Washington was consulting with allies including Japan and the Netherlands about tightening chip controls on China.
Donald Trump's tariff plans on China could hurt several American companies that get a large portion of their supply chain or revenue from the country.
Hangzhou, China-based tech firm DeepSeek released its R1 reasoning model on GitHub and its website. It reportedly did so for less than $6 million using Nvidia’s less-advanced H800 chips, owing to the export restrictions the US put in place on high-performance computing chips to China.
Mercurity Fintech Holding (MFH) announced the formation of a majority-owned subsidiary in Hong Kong, Aifinity Base. Aifinity plans to