Nvidia Chips

Editor’s note: The article has been updated with Nvidia’s response. Nvidia Corp. (NASDAQ:NVDA) is reportedly in the process of creating a new AI chip, designed to comply with U.S. export controls, specifically for the Chinese market. What Happened: According to anonymous sources, Jensen...

Investor Ross Gerber criticized Elon Musk for redirecting Nvidia chips meant for Tesla Inc. (NASDAQ:TSLA) to his social media company, X, and xAI. What Happened: Gerber, a Tesla investor, commented during CNBC’s “Last Call” on Tuesday, on Musk’s explanation that Tesla had no...

U.S. stocks traded lower at the end of trading on Monday with the Dow Jones Industrial Average declining 0.7% to 38,380.12 and the S&P 500 dropping 0.3% to 4,942.81. The Nasdaq ended Monday lower by 0.2% at 15,597.68. These are the top stocks that gained the attention of retail traders and...

Xi Jinping’s army, government sectors, as well as state-run artificial intelligence (AI) institutions and universities have managed to procure NVIDIA Corp (NASDAQ:NVDA) semiconductors. This is despite the U.S. export ban currently in place. What Happened: Over the past year, various sectors...